Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

2012 (11) TMI 77

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e remanded the matter back to the adjudicating authority to reconsider the issue based upon the verification of purchases and sales invoices, lot registers as was claimed to be available with the assessee.   3. After hearing both sides for some time on the issue, we find that the appeals themselves can be disposed at this juncture as the issue lies in narrow compass. Accordingly, after allowing the applications filed for waiver of pre-deposit of amounts involved, we take up the appeals for disposal.   4. Ld.Counsel would take us through the findings recorded by the adjudicating authority and submit that their representative had visited the Range Office on various dates to submit records for verification. It is his submission tha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... records cannot be verified by the Tribunal here and hence the time bound remand may be granted, for both the sides for verification of records and coming to the conclusion.   6. On careful consideration of the submissions made by both sides, we find that the issue involved needs to be decided based upon the factual matrix, as to whether the appellant is able to co-relate the lot-wise receipt of the fabrics, processing done on it and subsequent sale of the same in order to come to a conclusion as to whether the appellant has availed the benefit of Notification No.29/2004 and 30/2004 correctly or not. Ld.Counsel produces before us a Chartered Accountant s certificate and submitted that the Chartered Accountant has gone through the enti....