CENVAT Credit Allowed: Drawing Wire from Thicker to Thinner Gauge Not Considered Manufacturing, Credit Valid for Duty Paid.

CENVAT Credit Allowed: Drawing Wire from Thicker to Thinner Gauge Not Considered Manufacturing, Credit Valid for Duty Paid. https://www.taxtmi.com/highlights?id=33482 CENVAT credit - denial on the ground that the activity of drawing of wire from thicker to thinner gauge does not amount to manufacture - they have taken credit on the duty paid on wire rodes and after the process of drawing they have paid duty determined on clearances on the transaction value - Cenvat Credit is legally admissible. - AT en-us Tue, 28 Feb 2017 11:41:54 +0530 Tue, 28 Feb 2017 11:41:54 +0530 TaxTMI RSS Generator CENVAT Credit Allowed: Drawing Wire from Thicker to Thinner Gauge Not Considered Manufacturing, Credit Valid for Duty Paid. https://www.taxtmi.com/highlights?id=33482 CENVAT credit - denial on the ground that the activity of drawing of wire from thicker to thinner gauge does not amount to manufacture - they have taken credit on the duty paid on wire rodes and after the process of drawing they have paid duty determined on clearances on the transaction value - Cenvat Credit is legally admissible. - AT Highlights Central Excise Tue, 28 Feb 2017 11:41:54 +0530 https://www.taxtmi.com/highlights?id=33482