Cutting and slitting not considered manufacturing u/s 2(f) of Central Excise Act; no Excise Duty on resulting scrap.

Cutting and slitting not considered manufacturing u/s 2(f) of Central Excise Act; no Excise Duty on resulting scrap. https://www.taxtmi.com/highlights?id=57013 Process amounting to manufacture - When the process of cutting and slitting itself does not amount to manufacture within the meaning of Section 2 (f) of the Central Excise Act, 1944, scrap arising out of such activity cannot be subjected to Excise Duty for the simple reason that the appellant has not consciously manufactured any waste or scrap. - AT en-us Fri, 05 Mar 2021 13:40:33 +0530 Fri, 05 Mar 2021 13:40:33 +0530 TaxTMI RSS Generator Cutting and slitting not considered manufacturing u/s 2(f) of Central Excise Act; no Excise Duty on resulting scrap. https://www.taxtmi.com/highlights?id=57013 Process amounting to manufacture - When the process of cutting and slitting itself does not amount to manufacture within the meaning of Section 2 (f) of the Central Excise Act, 1944, scrap arising out of such activity cannot be subjected to Excise Duty for the simple reason that the appellant has not consciously manufactured any waste or scrap. - AT Highlights Central Excise Fri, 05 Mar 2021 13:40:33 +0530 https://www.taxtmi.com/highlights?id=57013