https://www.taxtmi.com/caselaws?id=124678 Where rough steel forgings were machined and ground to meet supply specifications, the process constituted manufacture and the rejected pieces arising from cracks, blow holes and undersize were treated as unusable waste and scrap, not as inputs removed as such. On that basis, reversal of CENVAT credit was not required and the demand for differential duty did not survive. Since the substantive demand failed, the penalty was also unsustainable. en-us Fri, 24 Oct 2008 00:00:00 +0530 Thu, 04 Oct 2012 11:30:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124678 Where rough steel forgings were machined and ground to meet supply specifications, the process constituted manufacture and the rejected pieces arising from cracks, blow holes and undersize were treated as unusable waste and scrap, not as inputs removed as such. On that basis, reversal of CENVAT credit was not required and the demand for differential duty did not survive. Since the substantive demand failed, the penalty was also unsustainable. Case-Laws Central Excise Fri, 24 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124678