https://www.taxtmi.com/caselaws?id=446177 CESTAT Hyderabad allowed the appeal regarding disallowance of CENVAT credit on inputs and capital goods used in manufacturing electronic capacitor grade metalized dielectric plastic film (MPP film) under Chapter 3920 2090. The Tribunal held that the process constitutes manufacture, following coordinate bench decisions in Paper Products Ltd. and Dhruv Industries Ltd. cases, which distinguished the SC ruling in Metalex India. The 36-hour manufacturing process using various raw materials creates a new product, making CENVAT credit admissible despite absence of specific chapter notes declaring it manufacturing activity. en-us Wed, 18 Oct 2023 00:00:00 +0530 Mon, 27 Nov 2023 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446177 CESTAT Hyderabad allowed the appeal regarding disallowance of CENVAT credit on inputs and capital goods used in manufacturing electronic capacitor grade metalized dielectric plastic film (MPP film) under Chapter 3920 2090. The Tribunal held that the process constitutes manufacture, following coordinate bench decisions in Paper Products Ltd. and Dhruv Industries Ltd. cases, which distinguished the SC ruling in Metalex India. The 36-hour manufacturing process using various raw materials creates a new product, making CENVAT credit admissible despite absence of specific chapter notes declaring it manufacturing activity. Case-Laws Central Excise Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446177