https://www.taxtmi.com/caselaws?id=120086 De-foiling and re-foiling of duty-paid medicaments, followed by relabelling with a revised MRP, constituted manufacture under Chapter 30 because packing, repacking and relabelling of medicaments is treated as manufacture under Note 5. The Tribunal also held that the demand for denial of Modvat credit was time-barred, as declarations and invoices disclosed the inputs and re-packed goods, leaving no suppression of facts to justify the extended period under Rule 57I or Section 11A. The denial of credit and penalty was therefore unsustainable. en-us Fri, 01 Sep 2006 00:00:00 +0530 Mon, 16 Jul 2012 16:33:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120086 De-foiling and re-foiling of duty-paid medicaments, followed by relabelling with a revised MRP, constituted manufacture under Chapter 30 because packing, repacking and relabelling of medicaments is treated as manufacture under Note 5. The Tribunal also held that the demand for denial of Modvat credit was time-barred, as declarations and invoices disclosed the inputs and re-packed goods, leaving no suppression of facts to justify the extended period under Rule 57I or Section 11A. The denial of credit and penalty was therefore unsustainable. Case-Laws Central Excise Fri, 01 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120086