https://www.taxtmi.com/caselaws?id=116137 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the respondents in a case concerning the denial of modvat credit on HR-CR Coils due to cutting HR Sheets from the Coils. The Tribunal held that cutting HR Sheets did not amount to manufacture, as the Sheets were cut from duty paid Coils, falling under the same tariff sub-heading. The Commissioner (Appeals) rightfully allowed the Modvat credit to the respondents, overturning the initial order. The Tribunal upheld this decision, dismissing the Revenue's appeal and concluding the matter in favor of the respondents on 17-2-2005. en-us Thu, 17 Feb 2005 00:00:00 +0530 Thu, 07 Jun 2012 15:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116137 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the respondents in a case concerning the denial of modvat credit on HR-CR Coils due to cutting HR Sheets from the Coils. The Tribunal held that cutting HR Sheets did not amount to manufacture, as the Sheets were cut from duty paid Coils, falling under the same tariff sub-heading. The Commissioner (Appeals) rightfully allowed the Modvat credit to the respondents, overturning the initial order. The Tribunal upheld this decision, dismissing the Revenue's appeal and concluding the matter in favor of the respondents on 17-2-2005. Case-Laws Central Excise Thu, 17 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116137