2016 (1) TMI 296 - SCH - Central Excise

Scope of the term Manufacturer - Valuation - Job worker - Manufacture of medicaments - Not only the tax effect is low but also the issue involved is squarely covered by the judgment of this Court in Commissioner of Central Excise v. Cosme Farma Laboratories Limited 2015 (4) TMI 355 - SUPREME COURT wherein held that the term manufacturer or the loan licensee used under the provisions of the Drugs and Cosmetics Act, 1940 has nothing to do with the manufacturing activity or term manufacture under the provisions of the Central Excise Act, 1944. - Once the Tribunal, after appreciating relevant evidence, has come to a conclusion that the job workers were the manufacturers and the respondent - the loan licensee, was not the manufacturer - Decided against Revenue.

Summary

The Supreme Court dismissed the appeal as the tax effect was low and the issue was covered by a previous judgment in 'Commissioner of Central Excise v. Cosme Farma Laboratories Limited'. (2016 (1) TMI 296 - SC)