https://www.taxtmi.com/circulars?id=7151 The Department, relying on the Chief Chemist, treats phenolic formaldehyde moulding powders and phenolic formaldehyde resins as distinct primary resin forms; the term 'resins' is limited to resol and novolak types and does not include moulding powders, which must therefore be classified and charged at the higher concessional ad valorem rate for moulding powders, with pending assessments finalised accordingly. en-us Mon, 31 Aug 1987 00:00:00 +0530 Thu, 09 Jul 2009 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7151 The Department, relying on the Chief Chemist, treats phenolic formaldehyde moulding powders and phenolic formaldehyde resins as distinct primary resin forms; the term 'resins' is limited to resol and novolak types and does not include moulding powders, which must therefore be classified and charged at the higher concessional ad valorem rate for moulding powders, with pending assessments finalised accordingly. Circulars Central Excise Mon, 31 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7151