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    <title>2005 (11) TMI 476 - CESTAT MUMBAI</title>
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    <description>The Tribunal allowed the appeal, granting Cenvat credit to the appellants for drawing steel wires from rods, holding that the activity amounts to manufacture. The decision was based on precedents such as PSL Holding Ltd. and Vinayak Industries, and the principle from a Supreme Court case regarding modvat credit. The Tribunal set aside the denial of credit, providing consequential relief to the appellants.</description>
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      <link>https://www.taxtmi.com/caselaws?id=173076</link>
      <description>The Tribunal allowed the appeal, granting Cenvat credit to the appellants for drawing steel wires from rods, holding that the activity amounts to manufacture. The decision was based on precedents such as PSL Holding Ltd. and Vinayak Industries, and the principle from a Supreme Court case regarding modvat credit. The Tribunal set aside the denial of credit, providing consequential relief to the appellants.</description>
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