https://www.taxtmi.com/caselaws?id=445473 CESTAT held that appellant's die casting process converting aluminum ingots into engine components constituted manufacture, making them liable for central excise duty rather than service tax. The court rejected appellant's claim for exemption under Notification 214/86-CE as principal manufacturer failed to provide required undertaking. Penalty and interest were upheld for willful duty evasion. However, CESTAT allowed CENVAT credit based on debit notes containing requisite details, despite revenue's objection that debit notes weren't prescribed documents under CCR 2004 Rule 9. Matter remanded for duty recomputation considering revenue neutrality principles. Appeal partially allowed. en-us Mon, 06 Nov 2023 00:00:00 +0530 Wed, 08 Nov 2023 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445473 CESTAT held that appellant's die casting process converting aluminum ingots into engine components constituted manufacture, making them liable for central excise duty rather than service tax. The court rejected appellant's claim for exemption under Notification 214/86-CE as principal manufacturer failed to provide required undertaking. Penalty and interest were upheld for willful duty evasion. However, CESTAT allowed CENVAT credit based on debit notes containing requisite details, despite revenue's objection that debit notes weren't prescribed documents under CCR 2004 Rule 9. Matter remanded for duty recomputation considering revenue neutrality principles. Appeal partially allowed. Case-Laws Central Excise Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445473