Assembling of Cassettes from Finished Components is Manufacture

Brief of the Case

The Hon’ble High Court in the present case held that when the assessee claimed and was granted modvat credit under Rule 57H of the Central Excise Rules at the relevant time itself indicates that for purposes of excise, “the assembling of cassettes amounted to manufacture”.

Facts of the case

The brief facts are that the assessee manufactures cassettes. At the relevant time, the assessee

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