2018 (3) TMI 343

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....Whether demand of excise duty on the goods processed/manufactured by the appellants out of the free issue of input materials received from their customers and galvanisation of the manufactured goods received by them from their customers and after the required processes the goods were returned to the customers form whom the input goods were received, is sustainable law. ii) Whether the Notice is hit by limitation. iii) Whether the appellant shave properly availed the benefits of Notifications 8/2002-CE, dt 1.3.2002 as amended; and 9/2003-CE dt. 1.3.2003, as amended and whether the CENVAT credit was taken irregularly and iv) Whether imposition of penalties on the appellants company as well as on the Managing Directo....

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....nai, there is no change in the position. He invited our attention to the relevant paragraph in the above decision which is reproduced herein below:- "The iron and steel raw material such as angles, plates, tubes etc. are used in making part of structures and they acquired a distinctly different shape to suit the structural design. For example, if iron or steel angles and plates are cut to make a steel table or chair which can be dismantled, it cannot be said that there are no goods manufactured because the iron and steel angles or plates remain such angles and plates though of different sizes and merely wholes are punched and screws fitted. Unlike in liquid mixtures, the raw material of iron and steel or wood will retain their iden....