2010 (5) TMI 55

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..... V.K. Jain 1. Whether Reporters of local papers may be allowed to see the judgment?   2. To be referred to the Reporter or not? 3. Whether the judgment should be reported in Digest? BADAR DURREZ AHMED, J (ORAL) 1. The only issue, which the revenue seeks to raise before us, is with regard to the cutting and processing of stone, marble, granite etc. and as to whether such cutting and pr .....

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..... 08.2008 in respect of assessment years 2003-2004 and 2004-2005. The findings recorded by the Tribunal in the order dated 29.08.2008 for the earlier assessment years were that the assessee was primarily purchasing raw stone blocks of sandstone, marble, granite etc. and then cutting the same into desired thickness after calibration. The sliced stone blocks were then put through various processes to .....

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..... sessee was not engaged in a manufacturing activity, it was certainly engaged in the activity of production. The processes employed by the assessee were carried out by highly skilled and specialized workmen on the raw material and the price of the end product was many times more than that of the raw material. Consequently, it was found as a fact that the assessee was engaged in the process of produ .....

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