https://www.taxtmi.com/caselaws?id=165872 Notification No. 122/71 exempted phenolic resins, and its inclusive language was read to extend to chemically modified phenolic resins used for a particular purpose. Phenol formaldehyde moulding powder, produced by chemical reaction of phenolic resin with fillers and other additives, was not treated as a different product merely because it was processed or modified for use. The exemption was unavailable only if the product amounted to a blend of phenolic resin with other resins, which was not the position on the stated facts. The product was therefore eligible for exemption as a phenolic resin. en-us Mon, 26 Apr 1982 00:00:00 +0530 Thu, 14 Aug 2014 11:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165872 Notification No. 122/71 exempted phenolic resins, and its inclusive language was read to extend to chemically modified phenolic resins used for a particular purpose. Phenol formaldehyde moulding powder, produced by chemical reaction of phenolic resin with fillers and other additives, was not treated as a different product merely because it was processed or modified for use. The exemption was unavailable only if the product amounted to a blend of phenolic resin with other resins, which was not the position on the stated facts. The product was therefore eligible for exemption as a phenolic resin. Case-Laws Central Excise Mon, 26 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165872