2014 (2) TMI 322

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....on S.S. wires was allowed. 2. Brief facts of the case are that the respondents are manufacturer of Steel Balls and S.S. wires is one of their inputs. The respondents availed CENVAT credit on S.S. wires procured as input from wire manufacturer. The respondents are paying duty on this S.S. wires and taking credit. As the activity of wiree drawing does not amount to manufacture therefore the suppl....

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....but the said Circular was over-ruled by a Circular 831/1/2006-C.X., dated 26.07.2006 wherein it has been clarified that the sum paid by the wire drawing unit in such cases will be treated as duty and shall be allowed as credit to the buyer of drawn wire as per the amendment took place in the Budget 2004. Further, vide Notification No.28/2010-C.E. (N.T.) dated 01.09.2010, it has been again clarifie....