https://www.taxtmi.com/caselaws?id=446177 Metallization of plain plastic film into electronic capacitor grade metallized dielectric plastic film was treated as manufacture because a distinct commercially recognisable product emerged, and the later deeming treatment in Chapter Note 16 of Chapter 39 did not displace the independent test under Section 2(f) of the Central Excise Act, 1944. On that basis, credit on inputs and capital goods used in the disputed process and in captive use of the intermediate product was held admissible, since the disallowance had no basis once manufacture was established. The appeal succeeded and the disallowance was set aside, with consequential reliefs held available in law. 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 Metallization of plain plastic film into electronic capacitor grade metallized dielectric plastic film was treated as manufacture because a distinct commercially recognisable product emerged, and the later deeming treatment in Chapter Note 16 of Chapter 39 did not displace the independent test under Section 2(f) of the Central Excise Act, 1944. On that basis, credit on inputs and capital goods used in the disputed process and in captive use of the intermediate product was held admissible, since the disallowance had no basis once manufacture was established. The appeal succeeded and the disallowance was set aside, with consequential reliefs held available in law. Case-Laws Central Excise Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446177