https://www.taxtmi.com/caselaws?id=110413 Corrugation of plain galvanised mild steel sheets was treated as manufacture, and the corrugated sheets were held classifiable under the tariff heading relied on by the department. On Modvat credit, duty-paid inputs used in the final product could not be denied merely for procedural non-compliance once duty liability arose from the department's view. Assessable value also had to be reconsidered on a cum-duty basis by deducting the duty element, with penalty to be re-examined in light of the final duty liability. The matter was remanded for fresh adjudication on credit, valuation, and penalty. en-us Tue, 09 Dec 2003 00:00:00 +0530 Mon, 16 Apr 2012 16:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110413 Corrugation of plain galvanised mild steel sheets was treated as manufacture, and the corrugated sheets were held classifiable under the tariff heading relied on by the department. On Modvat credit, duty-paid inputs used in the final product could not be denied merely for procedural non-compliance once duty liability arose from the department's view. Assessable value also had to be reconsidered on a cum-duty basis by deducting the duty element, with penalty to be re-examined in light of the final duty liability. The matter was remanded for fresh adjudication on credit, valuation, and penalty. Case-Laws Central Excise Tue, 09 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110413