https://www.taxtmi.com/caselaws?id=47160 The HC quashed the circular dated 7-9-2001, ruling that cutting or slitting steel sheets does not constitute manufacture since no new product emerges. It further held that revenue legislation cannot be introduced via administrative circulars, as taxation is a legislative function. The writ petitions were allowed, with parties bearing their own costs. en-us Fri, 21 Nov 2003 00:00:00 +0530 Fri, 05 Jul 2024 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47160 The HC quashed the circular dated 7-9-2001, ruling that cutting or slitting steel sheets does not constitute manufacture since no new product emerges. It further held that revenue legislation cannot be introduced via administrative circulars, as taxation is a legislative function. The writ petitions were allowed, with parties bearing their own costs. Case-Laws Central Excise Fri, 21 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47160