https://www.taxtmi.com/caselaws?id=108056 The Appellate Tribunal CESTAT, Mumbai upheld the duty liability and penalty imposed on job workers for converting PVA powder into liquid form, deeming it as manufacturing under the Central Excise Tariff Act. The Tribunal rejected the claim that the extended limitation period should not apply based on revenue neutrality, clarifying that duty credit should be available to the same assessee. It directed the pre-deposit of duty within four weeks, with waiver of penalty upon compliance. Failure to comply would result in vacation of the stay and appeal dismissal. Compliance was required by November 6, 2003, to avoid adverse consequences. en-us Fri, 03 Oct 2003 00:00:00 +0530 Wed, 28 Mar 2012 15:32:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108056 The Appellate Tribunal CESTAT, Mumbai upheld the duty liability and penalty imposed on job workers for converting PVA powder into liquid form, deeming it as manufacturing under the Central Excise Tariff Act. The Tribunal rejected the claim that the extended limitation period should not apply based on revenue neutrality, clarifying that duty credit should be available to the same assessee. It directed the pre-deposit of duty within four weeks, with waiver of penalty upon compliance. Failure to comply would result in vacation of the stay and appeal dismissal. Compliance was required by November 6, 2003, to avoid adverse consequences. Case-Laws Central Excise Fri, 03 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108056