Just a moment...

Report
ReportReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /

2006 (12) TMI 433

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....- This appeal is directed against the order of the Commissioner (Appeals) No. VP/252/SRT-I/2005 dated 17-6-2005. 2. Heard both sides. 3. The appellant is a registered dealer; he has been dealing with the grey fabrics; Cenvat scheme was introduced on the textile as on 1-4-2003; provision relating to Cenvat credit on inputs lying in stock as inputs as such and inputs contained in semi-....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....was also submitted by the department that the term 'input' has been defined under Rule 2(g) of the Cenvat Credit Rules, 2002 which makes it clear that in this case, the man-made grey fabrics cannot be treated as inputs in the hands of the dealers. 5. Learned advocate contends that the term 'input' has to be appreciated in the context of next user to whom they are passing on the goods as well....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... further processing. What is the status of these products in the hands of intermediary, in this case, the dealer? Before answering this, it is to be understood that it is not always necessary that this grey fabric should pass through the hands of the dealer. If the processor has purchased directly from the manufacturer of grey fabrics, the grey fabrics purchased will be undoubtedly and undisputedl....