COMMNR. OF CENTRAL EXCISE, MUMBAI vs M/S. TIKITAR INDUSTRIES

The Supreme Court held that the conversion of 'Straight Grade Bitumen' to 'Blown Grade Bitumen' does not constitute manufacture under the relevant excise laws, affirming the Tribunal's decision based on the Board's circular dated July 1, 1988. Additionally, it was determined that 'Roof Felt' is classifiable under Chapter sub-heading 5903.90, entitling the assessee to exemption from excise duty as per Notifications 53/65-C.E. and 92/94-C.E. The appeals were dismissed as lacking merit, with costs borne by the parties.