2009 (2) TMI 476

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..... rshan M. Parikh, for the Appellant.  [Order per : K.S. Radhakrishnan, C.J. (Oral)]. - Heard learned counsel for the Revenue. The following substantial questions of law arise for our consideration. "(1) Whether, in the facts and circumstances of the case, the CESTAT is justified in holding that the grey fabrics i.e. unprocessed stock of fabrics held by a dealer is 'input' in terms o .....

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..... nt 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 that it is not always necessary that this grey fabrics should pass through the hands of the dealer. If the processor had purchased dir .....

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