https://www.taxtmi.com/caselaws?id=100174 A budget amendment to a Chapter Note treating dilution or formulation as manufacture was treated as a substantive legislative change and not a clarificatory provision, so it operated only prospectively. The Tribunal also relied on the existing Board Circular and the earlier ruling in Markfed Agro Chemicals, which had found that the process did not amount to manufacture. On that basis, the earlier decision rejecting retrospective application of the amendment was followed and the Revenue's appeals were rejected. en-us Thu, 05 Jul 2001 00:00:00 +0530 Tue, 31 Jan 2012 14:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100174 A budget amendment to a Chapter Note treating dilution or formulation as manufacture was treated as a substantive legislative change and not a clarificatory provision, so it operated only prospectively. The Tribunal also relied on the existing Board Circular and the earlier ruling in Markfed Agro Chemicals, which had found that the process did not amount to manufacture. On that basis, the earlier decision rejecting retrospective application of the amendment was followed and the Revenue's appeals were rejected. Case-Laws Central Excise Thu, 05 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100174