Tata Iron And Steel Co. Ltd. vs Union Of India (Uoi)

The Supreme Court addressed a dispute under the Central Excises and Salt Act, 1944 regarding the classification of cold rolled strips and the applicability of excise duty. The Court held that cold rolled strips are not considered manufactured until they undergo trimming and shearing, thus ruling that the excise duty should not apply to untrimmed strips. The Court upheld the High Court's decision to refund the excise duty paid on reversible mill ends, affirming that these were not marketable as cold rolled strips until fully processed.