https://www.taxtmi.com/caselaws?id=84740 Cotton yarn removed on bobbins for conversion into hanks remained eligible for the Rule 56B procedure because the conversion into hanks, cones and similar forms did not create a commercially distinct commodity. The same authority had treated the goods as semi-finished for a later period, which confirmed that there was no consistent basis for denying the earlier facility. The exemption for cotton yarn in plain reel hanks further supported the view that duty could not be demanded on the intermediate bobbin stage merely because the yarn was later brought to the exempted hank form. The denial of Rule 56B benefit and the consequential duty demand were unsustainable. en-us Tue, 01 Aug 1995 00:00:00 +0530 Mon, 25 Jul 2011 13:05:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84740 Cotton yarn removed on bobbins for conversion into hanks remained eligible for the Rule 56B procedure because the conversion into hanks, cones and similar forms did not create a commercially distinct commodity. The same authority had treated the goods as semi-finished for a later period, which confirmed that there was no consistent basis for denying the earlier facility. The exemption for cotton yarn in plain reel hanks further supported the view that duty could not be demanded on the intermediate bobbin stage merely because the yarn was later brought to the exempted hank form. The denial of Rule 56B benefit and the consequential duty demand were unsustainable. Case-Laws Central Excise Tue, 01 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84740