https://www.taxtmi.com/caselaws?id=121179 The Appellate Tribunal allowed the appeal, recalling the Final Order, as the issue of whether the stranding of wires amounts to manufacture was settled in favor of the assessee. The Tribunal determined that the conversion of Galvanised Stranded Stay Wire did not constitute manufacture under the Central Excise Act. It clarified valuation principles, stating that the value of goods should be based on the final sale price to customers at the time of clearance. The decision was influenced by a separate judgment of the Apex Court in a related case. en-us Thu, 22 Feb 2007 00:00:00 +0530 Fri, 27 Jul 2012 12:15:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121179 The Appellate Tribunal allowed the appeal, recalling the Final Order, as the issue of whether the stranding of wires amounts to manufacture was settled in favor of the assessee. The Tribunal determined that the conversion of Galvanised Stranded Stay Wire did not constitute manufacture under the Central Excise Act. It clarified valuation principles, stating that the value of goods should be based on the final sale price to customers at the time of clearance. The decision was influenced by a separate judgment of the Apex Court in a related case. Case-Laws Central Excise Thu, 22 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121179