https://www.taxtmi.com/forum/issue?id=110434 Where an operation on received goods produces a distinct new product, that transformation amounts to manufacture and excise duty is payable on removal of the newly manufactured article; inputs or partially processed materials may be sent to job-workers under job-work procedures, but fully transformed goods cannot be treated as partially processed and must be cleared on payment of duty, with valuation and credit governed by applicable valuation rules and notification-based exemptions where conditions are met. en-us Tue, 31 May 2016 16:25:43 +0530 Thu, 23 Jan 2025 15:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110434 Where an operation on received goods produces a distinct new product, that transformation amounts to manufacture and excise duty is payable on removal of the newly manufactured article; inputs or partially processed materials may be sent to job-workers under job-work procedures, but fully transformed goods cannot be treated as partially processed and must be cleared on payment of duty, with valuation and credit governed by applicable valuation rules and notification-based exemptions where conditions are met. Discussion-Forum Central Excise Tue, 31 May 2016 16:25:43 +0530 https://www.taxtmi.com/forum/issue?id=110434