https://www.taxtmi.com/caselaws?id=94245 Stretching under heat and chilling applied to belts did not amount to manufacture because the record showed no new or distinct product emerged and the belts retained their finished character. The process was treated as mere strengthening of an already finished product, not manufacture or an incidental or ancillary process to manufacture. On that basis, Modvat credit was rightly denied and the credit taken was correctly disallowed under Rule 57I. en-us Wed, 01 Sep 1999 00:00:00 +0530 Mon, 21 Nov 2011 11:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94245 Stretching under heat and chilling applied to belts did not amount to manufacture because the record showed no new or distinct product emerged and the belts retained their finished character. The process was treated as mere strengthening of an already finished product, not manufacture or an incidental or ancillary process to manufacture. On that basis, Modvat credit was rightly denied and the credit taken was correctly disallowed under Rule 57I. Case-Laws Central Excise Wed, 01 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94245