https://www.taxtmi.com/caselaws?id=761728 A returned CNC lathe machine, after dismantling, reassembly and fitting of additional parts to meet a new customer's specifications, was treated as a new commodity brought into existence by manufacture rather than a mere repair, so duty on the transaction value under Rule 16 of the Central Excise Rules, 2002 was justified. Credit on demurrage charges paid for storage of goods was also held admissible because the claim was supported by tax-paid invoices and the levy on the underlying service was not disputed. On these facts, the duty treatment and credit entitlement were upheld. en-us Mon, 11 Nov 2024 00:00:00 +0530 Sat, 16 Nov 2024 08:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761728 A returned CNC lathe machine, after dismantling, reassembly and fitting of additional parts to meet a new customer's specifications, was treated as a new commodity brought into existence by manufacture rather than a mere repair, so duty on the transaction value under Rule 16 of the Central Excise Rules, 2002 was justified. Credit on demurrage charges paid for storage of goods was also held admissible because the claim was supported by tax-paid invoices and the levy on the underlying service was not disputed. On these facts, the duty treatment and credit entitlement were upheld. Case-Laws Central Excise Mon, 11 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761728