https://www.taxtmi.com/article/detailed?id=6555 The article distinguishes raw materials-inputs essential to and incorporated in the end product-from consumables-inputs consumed in processing or acting as catalysts and not identifiable in the final product. It explains industry examples, Supreme Court criteria for classification, and administrative application: Notification No.8/97-CE exempts finished products manufactured wholly from indigenous raw materials, while departmental circulars have varied in whether imported consumables disqualify export-oriented units. en-us Wed, 02 Dec 2015 09:41:36 +0530 Wed, 02 Dec 2015 09:41:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6555 The article distinguishes raw materials-inputs essential to and incorporated in the end product-from consumables-inputs consumed in processing or acting as catalysts and not identifiable in the final product. It explains industry examples, Supreme Court criteria for classification, and administrative application: Notification No.8/97-CE exempts finished products manufactured wholly from indigenous raw materials, while departmental circulars have varied in whether imported consumables disqualify export-oriented units. Articles Central Excise Wed, 02 Dec 2015 09:41:36 +0530 https://www.taxtmi.com/article/detailed?id=6555