2000 (2) TMI 747

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..... dent.   G. Prakash, Advocate, for the appellant in the other appeals.   --------------------------------------------------   ORDER   This is an appeal by the Revenue against the decision of a Division Bench of the Kerala High Court in tax revision cases filed at the instance of the Revenue. We are here concerned only with compounded rubber and with scrap. The assessment yea .....

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..... the assessing authority the affidavits of several individuals in the trade who affirmed that the compounded rubber was a finished rubber product as understood in the trade. 2.. It is the contention of the Revenue that compounded rubber is not a finished rubber product and that the word "finished" must be understood as the last or concluding product in a chain. We are of the view that due weight .....

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..... icles and the manner in which they were sold, that they had been treated as condemned articles and not as articles which could be put to use again and, accordingly, should be treated as scrap. It was contended on behalf of the Revenue that each of these items of butyl rubber, banbury tailings, etc., should have been assessed under the particular tariff entry in which they fell and that the Tribuna .....

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