TMI Blog1965 (7) TMI 40X X X X Extracts X X X X X X X X Extracts X X X X ..... in Pallavaram quarry. The actual process consisted of this, namely, rocks and boulders were cut into chips of various sizes with the use of machinery. The departmental autho- rities were of the view that this is not a case of an industrial undertaking because there was no manufacturing process involved. The Tribunal disagreed with the view and held that the process employed by the assessee in conv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... process carried on with the aid of power or without power. What is an industry ? Webster's New International Dictionary gives various meanings to the word, one of which is : "Systematic labour or habitual employment ; especially human exertion employed for the creation of value, regarded by some as a species capital or wealth ; labour. "Another meaning is : " Any department orbranch of art, occup ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t it did not involve a manufacturing process." Manufacture ", as we find from Webster's Dictionary, means : "Anything made from raw materials by the hand, by machinery, or by art, as clothes, iron utensils, shoes, machinery, etc. ; a manual occupation or trade ; to produce by labour especially now, according to an organised plan and with division of labour and usually with machinery. " It seems to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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