https://www.taxtmi.com/caselaws?id=266537 Grey man-made fabrics remained inputs for the processor even when routed through a dealer, because the dealer's presence did not alter the character of the goods for CENVAT purposes. Notification No. 35/2003-CE(NT) was read to cover stock held by traders and processors alike, so declared stock of grey fabrics was eligible for credit as input rather than being treated as finished goods in stock. The prior judicial view on the same point was followed, and the Revenue's challenge failed, sustaining the order allowing credit. en-us Fri, 02 Jan 2015 00:00:00 +0530 Wed, 21 Oct 2015 10:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266537 Grey man-made fabrics remained inputs for the processor even when routed through a dealer, because the dealer's presence did not alter the character of the goods for CENVAT purposes. Notification No. 35/2003-CE(NT) was read to cover stock held by traders and processors alike, so declared stock of grey fabrics was eligible for credit as input rather than being treated as finished goods in stock. The prior judicial view on the same point was followed, and the Revenue's challenge failed, sustaining the order allowing credit. Case-Laws Central Excise Fri, 02 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266537