https://www.taxtmi.com/caselaws?id=51749 The appellant, a manufacturer of crankcase and flywheel parts, received flywheels for further processes. The issue was whether these flywheels were finished goods, affecting the appellant's duty credit eligibility. The court acknowledged no new manufacture but allowed credit adjustment for finished flywheels under Rule 57F(3). The Revenue argued the processes did not amount to manufacture, implying no duty payment. The Commissioner annulled the demand, advising future compliance with Rule 173H for flywheel receipts to avoid disputes. The appellant's credit and duty paid remain unaffected, resolving the appeals. en-us Wed, 13 Nov 2002 00:00:00 +0530 Tue, 28 Sep 2010 10:14:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51749 The appellant, a manufacturer of crankcase and flywheel parts, received flywheels for further processes. The issue was whether these flywheels were finished goods, affecting the appellant's duty credit eligibility. The court acknowledged no new manufacture but allowed credit adjustment for finished flywheels under Rule 57F(3). The Revenue argued the processes did not amount to manufacture, implying no duty payment. The Commissioner annulled the demand, advising future compliance with Rule 173H for flywheel receipts to avoid disputes. The appellant's credit and duty paid remain unaffected, resolving the appeals. Case-Laws Central Excise Wed, 13 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51749