https://www.taxtmi.com/caselaws?id=271886 Conversion of incomplete batteries with the essential character of finished goods into complete, marketable batteries was treated as manufacture under the statutory deeming provision, so Cenvat Credit was correctly availed. On the alternative argument, clearance of the finished batteries on payment of duty did not require reversal of credit because duty paid on the final product could neutralise the credit consequence. The denial of Cenvat Credit was therefore unsustainable, and consequential relief followed. en-us Wed, 30 Sep 2015 00:00:00 +0530 Sat, 07 May 2016 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271886 Conversion of incomplete batteries with the essential character of finished goods into complete, marketable batteries was treated as manufacture under the statutory deeming provision, so Cenvat Credit was correctly availed. On the alternative argument, clearance of the finished batteries on payment of duty did not require reversal of credit because duty paid on the final product could neutralise the credit consequence. The denial of Cenvat Credit was therefore unsustainable, and consequential relief followed. Case-Laws Central Excise Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271886