https://www.taxtmi.com/caselaws?id=391591 The Tribunal held that cenvat credit on imported PVC film/aluminium rolls, subjected to cutting and slitting processes, was admissible as these processes did not amount to manufacture. Relying on Notification No. 24/2012-CE(NT), the Tribunal allowed the retention of cenvat credit, following precedents like CCE, Pune-II vs. Associated Capsules Ltd. The liability of the Director under Rule 15(1) of the Cenvat Credit Rules, 2004, was likely impacted by the decision to allow the appeals with consequential relief, affecting the imposed personal penalty. en-us Thu, 02 Jan 2020 00:00:00 +0530 Mon, 03 Feb 2020 10:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391591 The Tribunal held that cenvat credit on imported PVC film/aluminium rolls, subjected to cutting and slitting processes, was admissible as these processes did not amount to manufacture. Relying on Notification No. 24/2012-CE(NT), the Tribunal allowed the retention of cenvat credit, following precedents like CCE, Pune-II vs. Associated Capsules Ltd. The liability of the Director under Rule 15(1) of the Cenvat Credit Rules, 2004, was likely impacted by the decision to allow the appeals with consequential relief, affecting the imposed personal penalty. Case-Laws Central Excise Thu, 02 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391591