https://www.taxtmi.com/caselaws?id=342445 Cutting used and old tyres into two or three pieces does not amount to manufacture under Section 2(f) of the Central Excise Act because the process does not create a new, distinct and commercially marketable product; the tyres retain their essential character. The Delhi High Court also noted that Modi Rubber Limited remains sound, having been impliedly approved by the Supreme Court. On the customs side, countervailing duty under Section 3(1) of the Customs Tariff Act cannot be levied where no excisable domestic equivalent exists, so CVD on cut pieces of used tyres and tubes is ultra vires. en-us Wed, 03 May 2017 00:00:00 +0530 Fri, 17 Nov 2017 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342445 Cutting used and old tyres into two or three pieces does not amount to manufacture under Section 2(f) of the Central Excise Act because the process does not create a new, distinct and commercially marketable product; the tyres retain their essential character. The Delhi High Court also noted that Modi Rubber Limited remains sound, having been impliedly approved by the Supreme Court. On the customs side, countervailing duty under Section 3(1) of the Customs Tariff Act cannot be levied where no excisable domestic equivalent exists, so CVD on cut pieces of used tyres and tubes is ultra vires. Case-Laws Central Excise Wed, 03 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342445