https://www.taxtmi.com/caselaws?id=74078 Low Sulphur Heavy Stock used only to dry rock phosphate and gypsum was held not to qualify as feed stock used in the manufacture of fertilizer. The Tribunal applied the ordinary meaning of feed stock as the primary raw material introduced for processing, and found that the relevant fertilizer inputs were rock phosphate and gypsum, while LSHS was merely a consumable used in drying and did not become part of the finished product. On that basis, the exemption was denied and the duty demand was sustained. The penalty imposed under the Central Excise Rules was also upheld because no sufficient ground was shown to interfere with it. en-us Thu, 31 Dec 1987 00:00:00 +0530 Mon, 06 Jun 2011 16:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74078 Low Sulphur Heavy Stock used only to dry rock phosphate and gypsum was held not to qualify as feed stock used in the manufacture of fertilizer. The Tribunal applied the ordinary meaning of feed stock as the primary raw material introduced for processing, and found that the relevant fertilizer inputs were rock phosphate and gypsum, while LSHS was merely a consumable used in drying and did not become part of the finished product. On that basis, the exemption was denied and the duty demand was sustained. The penalty imposed under the Central Excise Rules was also upheld because no sufficient ground was shown to interfere with it. Case-Laws Central Excise Thu, 31 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74078