Collector Of Central Excise vs Technoweld Industries

The Supreme Court held that the process of drawing wire from wire rods does not amount to manufacture under the relevant excise laws. The Court affirmed the earlier decisions of the Customs, Excise and Gold (Control) Appellate Tribunal, specifically referencing Jyoti Engg. Corpn. v. Collector of Central Excise, which established that no new product emerges from this process. Consequently, the appeals challenging the Tribunal's decisions were dismissed, maintaining that the drawn wire is not excisable to duty.