2007 (7) TMI 77

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.... hearing both sides, we are of the view that the appeal should be disposed of summarily. Accordingly, after dispensing with pre-deposit, we take up the appeal. 2. The appellants had manufactured bright bars and cleared the same on payment of duty during May, 2003 to February, 2004. In such duty payment, they utilised Cenvat credit of the duty paid on their input (black bars) amounting to Rs. 20....

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....rsion of black bars into bright bars was held to be not amounting to manufacture, by the Apex Court long ago vide Vee Kayan Industries v. Collector of Central Excise, Chandigarh [1996 (83) E.L.T. 262 (S.C.)]. In his rejoinder, learned Counsel points out that the CBEC has since clarified that bright bar are excisable goods. In this connection, he has referred to Circular No. 720/36/2003-CX, dated 2....