2004 (5) TMI 456

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..... N.B. Nair, Member (T)]. The appellant manufactures yarn. Yarn is liable to duty at the spindle stage, as single yarn. The appellant pay duty on such single yarn and converts them in the same factory to double yarn etc. Part of the single yarn on which duty is so paid also gets subsequently sold after winding/reeling into hanks. Revenue authorities have taken the view that, since the quantity .....

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..... of Maheshwari Mills Ltd. v. C.C.E., Ahmedabad - 2004 (165) E.L.T. 246 (T) and the judgment of the Hon ble Supreme Court in the case of C.C.E., Jaipur v. Banswara Syntex Ltd. - 1996 (88) E.L.T. 645 (S.C.). 3. We have perused the records and have considered the submissions made by both sides. In view of the specific provisions of Rules 9 and 49 deemed removal of the goods takes place once assessm .....

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