https://www.taxtmi.com/caselaws?id=786855 Conversion of colour-coated or galvanised steel coil into profiled roofing sheets is treated as manufacture where the process of de-coiling, roll-forming, profiling, crimping and cutting creates a distinct commercial product with different character and use. In job-work clearances, valuation must follow the statutory job-work regime under Section 4 read with Rule 10A and include the value of raw materials supplied by traders, not merely processing charges. Non-disclosure of the true valuation basis in statutory records can justify the extended limitation period, and the same suppression supports penalty where the conduct amounts to conscious undervaluation rather than a mere interpretational dispute. en-us Thu, 19 Feb 2026 00:00:00 +0530 Sat, 21 Feb 2026 09:29:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786855 Conversion of colour-coated or galvanised steel coil into profiled roofing sheets is treated as manufacture where the process of de-coiling, roll-forming, profiling, crimping and cutting creates a distinct commercial product with different character and use. In job-work clearances, valuation must follow the statutory job-work regime under Section 4 read with Rule 10A and include the value of raw materials supplied by traders, not merely processing charges. Non-disclosure of the true valuation basis in statutory records can justify the extended limitation period, and the same suppression supports penalty where the conduct amounts to conscious undervaluation rather than a mere interpretational dispute. Case-Laws Central Excise Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786855