https://www.taxtmi.com/caselaws?id=234808 The tribunal found that the applicants wrongly availed credit for Coco Butter and Coco Powder labeling, as labeling alone does not constitute manufacture. Additionally, the rebate claimed on duty for exported goods was deemed fraudulent, as the goods were already marketable before labeling. Interest and penalties were imposed, with a directive for a pre-deposit of Rs. 1 Crore. The tribunal referred the matter to the Hon'ble President for a decision on the extended period of limitation. The applicants were instructed to freeze remaining credit pending the final hearing, emphasizing the balance between applicant hardship and revenue protection. en-us Wed, 15 May 2013 00:00:00 +0530 Wed, 19 Nov 2014 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234808 The tribunal found that the applicants wrongly availed credit for Coco Butter and Coco Powder labeling, as labeling alone does not constitute manufacture. Additionally, the rebate claimed on duty for exported goods was deemed fraudulent, as the goods were already marketable before labeling. Interest and penalties were imposed, with a directive for a pre-deposit of Rs. 1 Crore. The tribunal referred the matter to the Hon'ble President for a decision on the extended period of limitation. The applicants were instructed to freeze remaining credit pending the final hearing, emphasizing the balance between applicant hardship and revenue protection. Case-Laws Central Excise Wed, 15 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234808