https://www.taxtmi.com/caselaws?id=213071 The Tribunal concluded that the process of converting M.S. rounds into M.S. bright bars through cold drawing does not amount to manufacture as no new distinct product emerges. Therefore, no excise duty is payable, and demands for interest and penalties are not sustainable. The extended period of limitation for issuing the show-cause notice was deemed inapplicable due to conflicting judgments and lack of clarity on the matter. The Tribunal set aside the impugned order and allowed the appeals with consequential relief. en-us Tue, 02 Aug 2011 00:00:00 +0530 Mon, 07 May 2012 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213071 The Tribunal concluded that the process of converting M.S. rounds into M.S. bright bars through cold drawing does not amount to manufacture as no new distinct product emerges. Therefore, no excise duty is payable, and demands for interest and penalties are not sustainable. The extended period of limitation for issuing the show-cause notice was deemed inapplicable due to conflicting judgments and lack of clarity on the matter. The Tribunal set aside the impugned order and allowed the appeals with consequential relief. Case-Laws Central Excise Tue, 02 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213071