https://www.taxtmi.com/caselaws?id=245588 The Tribunal ruled in favor of the appellant, acknowledging that the conversion of HR coils and sheets into HR slitted and pickled coils qualifies as manufacturing, entitling the appellant to claim Cenvat credit. The Tribunal emphasized the revenue neutrality of the exercise, allowing the appellant to avail credit on duty paid for inputs used in the final product. The Tribunal considered precedents from various Tribunals, High Courts, and the Supreme Court to support its decision, ultimately setting the appeal for final disposal without requiring a pre-deposit due to the significant amount at stake and the parties' request for a prompt resolution. en-us Fri, 18 Jan 2013 00:00:00 +0530 Thu, 03 Apr 2014 05:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245588 The Tribunal ruled in favor of the appellant, acknowledging that the conversion of HR coils and sheets into HR slitted and pickled coils qualifies as manufacturing, entitling the appellant to claim Cenvat credit. The Tribunal emphasized the revenue neutrality of the exercise, allowing the appellant to avail credit on duty paid for inputs used in the final product. The Tribunal considered precedents from various Tribunals, High Courts, and the Supreme Court to support its decision, ultimately setting the appeal for final disposal without requiring a pre-deposit due to the significant amount at stake and the parties' request for a prompt resolution. Case-Laws Central Excise Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245588