Whether cutting, slitting and perforation of jumbo rolls for cinematographic films would amount to 'manufacture' or not

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..... of India Ministry of Finance (Department of Revenue) New Delhi Subject : Whether cutting, slitting and perforation of jumbo rolls for cinematographic films would amount to 'manufacture' or not. Attention is invited to the instructions contained in Ministry's letter F. No. 119/1/88-CX.3, dated 5-9-1988 and letter F. No. 119/1/88-CX.3, dated 16-12-1988 and to say that a doubt had be .....

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..... o had a great functional value in sound recording. Unless, therefore, the process of cutting, slitting and perforation were undertaken on the over-one metre wide jumbo roll, the jumbo roll was incapable of being used as cinematographic film. In the form and condition imported, the jumbo roll was only an intermediate product for manufacture of finished cinematographic film and not a finished cinema .....

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..... 988 may be treated to have been modified to the extent mentioned above. 5. The above guidelines may be brought to the notice of the lower filed formations and the trade interest may also be suitably advised. 6. All pending assessments may be finalised on the above basis. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxm .....

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