https://www.taxtmi.com/caselaws?id=31253 Assembling purchased components into cooling towers was held to amount to manufacture because the process produced a new product with a distinct identity, and the absence of machinery or electricity at the premises did not by itself negate manufacture; the central excise duty demand was therefore sustainable. Penalties were set aside because the non-payment arose from a bona fide belief that mere assembly was not manufacture, and the record did not establish intent to evade duty; the penalty deletion was upheld. en-us Wed, 27 Feb 2008 00:00:00 +0530 Fri, 24 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31253 Assembling purchased components into cooling towers was held to amount to manufacture because the process produced a new product with a distinct identity, and the absence of machinery or electricity at the premises did not by itself negate manufacture; the central excise duty demand was therefore sustainable. Penalties were set aside because the non-payment arose from a bona fide belief that mere assembly was not manufacture, and the record did not establish intent to evade duty; the penalty deletion was upheld. Case-Laws Central Excise Wed, 27 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31253