https://www.taxtmi.com/caselaws?id=90041 The Tribunal ruled that the tool bit blanks imported by the appellants were not excisable goods as they did not undergo a manufacturing process resulting in a new product. The decision emphasized the distinction between tool bits and tool bit blanks, determining that the processes involved did not transform the material into a different character, name, or use. Therefore, the appeal was accepted, setting aside previous orders, and clarifying the classification of tool bit blanks for excise duty. en-us Wed, 15 Jan 1997 00:00:00 +0530 Mon, 03 Oct 2011 10:48:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90041 The Tribunal ruled that the tool bit blanks imported by the appellants were not excisable goods as they did not undergo a manufacturing process resulting in a new product. The decision emphasized the distinction between tool bits and tool bit blanks, determining that the processes involved did not transform the material into a different character, name, or use. Therefore, the appeal was accepted, setting aside previous orders, and clarifying the classification of tool bit blanks for excise duty. Case-Laws Central Excise Wed, 15 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90041