https://www.taxtmi.com/caselaws?id=44304 Processed commercial plywood was held to be a distinct excisable commodity where Phenol Formaldehyde Resin and wire mesh were applied and the product acquired a different commercial identity. The appellant argued that no new product emerged because duty had already been paid on the plywood before processing, but the fact-finding authorities treated value addition, separate use and change in identity as decisive. Earlier refund proceedings and an outdated board advice were found irrelevant to the 1985 tariff regime, and precedent on galvanised iron pipes was distinguished. The appeal was dismissed, with the processed plywood remaining liable to excise duty. en-us Wed, 31 Jul 1996 00:00:00 +0530 Wed, 09 Jul 2014 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44304 Processed commercial plywood was held to be a distinct excisable commodity where Phenol Formaldehyde Resin and wire mesh were applied and the product acquired a different commercial identity. The appellant argued that no new product emerged because duty had already been paid on the plywood before processing, but the fact-finding authorities treated value addition, separate use and change in identity as decisive. Earlier refund proceedings and an outdated board advice were found irrelevant to the 1985 tariff regime, and precedent on galvanised iron pipes was distinguished. The appeal was dismissed, with the processed plywood remaining liable to excise duty. Case-Laws Central Excise Wed, 31 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44304