9911796707
TMI Blog1996 (6) TMI 240X X X X Extracts X X X X X X X X Extracts X X X X ..... V.P. Gulati, Member (T)]. The issue in the appeal relates to assessment of the appellants products which are described as prodorphite, prodorkit, coromastic, special mastics, mortar, etc. Appellants have sought for the benefit of the Notification No. 76/86 available in respect of Asphalt Mix and Hot Mix . 2. The learned Chartered Accountant has stated that the appellants manufacture thei ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are found in asphalt, mineral waxes and in lower grades of coal. Combustible. See also asphalt, gilsonite, glance pitch, shale oil, oil sands. The term asphalt is described as under : (Petroleum asphalt, Trinidad pitch, mineral pitch). A dark-brown to black cementitious material, solid or semi-solid in consistency, in which the predominating constituents are bitumens, which occur in nature ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as under : See adhesive, hot-melt; sealant, asphalt, bitumen. 5. It was also pleaded that what is set out at S. No. 4 of the notification could be taken to be hot-melt composition. The term hot-melt composition should be taken to be synonymous with hot mix and so long as it could be shown that asphalt and bitumen are mixed with something it should be treated as a hot mix for the purpose o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... phalt mix and hot mix for the purpose of benefit under the notification. The appellants products is manufactured out of bitumen and therefore the appellants product cannot be treated as hot mix. The benefit of notification in respect of appellants products has to be considered in the context of hot mix as set out under S. No. 4 of notification. The appellants have sought to draw authority from ..... X X X X Extracts X X X X X X X X Extracts X X X X
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