https://www.taxtmi.com/caselaws?id=122219 Clearance of slit HR sheets was treated as part of the manufacturing process rather than removal of inputs as such, because the inputs had been issued for manufacture of steel tubes and pipes and were slit to the required sizes. Sheets that did not conform to the required dimensions were cleared on payment of appropriate duty, which meant the transaction did not attract reversal of Modvat credit. On these facts, the note records that the respondents were not required to reverse the credit and the Revenue's appeals failed. en-us Tue, 06 Feb 2007 00:00:00 +0530 Thu, 09 Aug 2012 14:52:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122219 Clearance of slit HR sheets was treated as part of the manufacturing process rather than removal of inputs as such, because the inputs had been issued for manufacture of steel tubes and pipes and were slit to the required sizes. Sheets that did not conform to the required dimensions were cleared on payment of appropriate duty, which meant the transaction did not attract reversal of Modvat credit. On these facts, the note records that the respondents were not required to reverse the credit and the Revenue's appeals failed. Case-Laws Central Excise Tue, 06 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122219