2015 (10) TMI 1812

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..... ods in stock.) - Held that:- Commissioner (Appeals) following the decision of the Tribunal held that the dealer is introduced between the manufacturer and the processor, the nature of product as input cannot undergo any change, and it would cover under Sr.No.(c) of the said notification. - view was approved by the Hon’ble Gujarat High Court in the case of CCE Ahmedabad-I Vs Rajkamal Textile Trader .....

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..... he declared stock of Grey Man Made Fabrics (by considering it as input) as per Sr.No.1(c) of Table appended to the Notification No.35/2003-CE(NT), dt.10.04.2003 as amended or as per Sr.No.2 (b) (by considering it as finished goods in stock.) The Adjudicating authority confirmed the demand of CENVAT Credit of ₹ 91,811.00 along with interest and penalty, holding that the stock of Grey MMF is t .....

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..... 003-C.E. (N.T.) dated 10-4-2003. The Tribunal has examined the issue and opined that the problem related to term. So far as the present case is concerned, the Tribunal concluded that man-made grey fabrics is definitely finished product for the manufacturer of such grey fabrics. It is definitely an input for processor who is taking these grey fabrics for further processing. Further, it is noticed t .....

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