https://www.taxtmi.com/caselaws?id=252709 The Tribunal allowed the appeal, finding that the process of slitting and pickling of HR coils does not amount to manufacture. It held that the appellant was entitled to avail Cenvat credit on HR coils used in the process, as the duty paid on the final product effectively reversed the credit. The Tribunal emphasized that judicial precedents must be followed over circulars issued by the Central Board of Excise and Customs. The majority decision set aside the previous order, granting relief to the appellant as the credit availed and utilized had already been reversed, making further reversal unnecessary. en-us Mon, 29 Sep 2014 00:00:00 +0530 Sat, 01 Nov 2014 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252709 The Tribunal allowed the appeal, finding that the process of slitting and pickling of HR coils does not amount to manufacture. It held that the appellant was entitled to avail Cenvat credit on HR coils used in the process, as the duty paid on the final product effectively reversed the credit. The Tribunal emphasized that judicial precedents must be followed over circulars issued by the Central Board of Excise and Customs. The majority decision set aside the previous order, granting relief to the appellant as the credit availed and utilized had already been reversed, making further reversal unnecessary. Case-Laws Central Excise Mon, 29 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252709