https://www.taxtmi.com/caselaws?id=1222 Wire drawing from wire rods was treated as not amounting to manufacture for the relevant period, so the resulting wires were not exempted goods or goods cleared at nil rate of duty and Rule 6 reversal under the Cenvat Credit Rules, 2002 was not attracted. Duty-paid goods received into the factory were covered by Rule 16 of the Central Excise Rules, and credit taken on receipt with clearance of finished goods on payment of duty was held consistent with that rule. As the demand failed on merits, interest and penalty also could not survive, and the record disclosed no suppression or misstatement to justify the extended limitation period. en-us Thu, 03 Aug 2006 00:00:00 +0530 Mon, 14 Apr 2008 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1222 Wire drawing from wire rods was treated as not amounting to manufacture for the relevant period, so the resulting wires were not exempted goods or goods cleared at nil rate of duty and Rule 6 reversal under the Cenvat Credit Rules, 2002 was not attracted. Duty-paid goods received into the factory were covered by Rule 16 of the Central Excise Rules, and credit taken on receipt with clearance of finished goods on payment of duty was held consistent with that rule. As the demand failed on merits, interest and penalty also could not survive, and the record disclosed no suppression or misstatement to justify the extended limitation period. Case-Laws Central Excise Thu, 03 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1222