https://www.taxtmi.com/caselaws?id=344943 The Tribunal upheld the decision holding the appellants liable to pay Central Excise duty on processes conducted on iron and steel items received from the principal. It determined that the processes amounted to manufacturing based on the characteristics of the resulting products, their marketability under different names, and classification under a separate tariff heading. The Tribunal rejected the appellants' argument regarding the plea of limitation, emphasizing their awareness of differing tax liabilities and the inconsistency in duty payment based on the origin of raw materials. The appeal was dismissed, affirming the duty liability and penalty imposition. en-us Fri, 26 May 2017 00:00:00 +0530 Sat, 10 Feb 2018 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344943 The Tribunal upheld the decision holding the appellants liable to pay Central Excise duty on processes conducted on iron and steel items received from the principal. It determined that the processes amounted to manufacturing based on the characteristics of the resulting products, their marketability under different names, and classification under a separate tariff heading. The Tribunal rejected the appellants' argument regarding the plea of limitation, emphasizing their awareness of differing tax liabilities and the inconsistency in duty payment based on the origin of raw materials. The appeal was dismissed, affirming the duty liability and penalty imposition. Case-Laws Central Excise Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344943