https://www.taxtmi.com/caselaws?id=35193 Imported resin and hardner used as consumables in polishing granite slabs did not disqualify the assessee from exemption under Notification No. 23/03-C.E., because the notification turned on goods manufactured wholly from indigenous raw materials and the imported inputs were almost entirely consumed in the process rather than forming part of the finished product. Applying the distinction between raw materials and consumables, CESTAT held that inputs essential to manufacture do not lose their character as consumables merely because they are used in production. On that basis, the finished granite slabs were not treated as non-qualifying goods, and the duty demand was held unsustainable. en-us Fri, 06 Mar 2009 00:00:00 +0530 Tue, 19 Jan 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35193 Imported resin and hardner used as consumables in polishing granite slabs did not disqualify the assessee from exemption under Notification No. 23/03-C.E., because the notification turned on goods manufactured wholly from indigenous raw materials and the imported inputs were almost entirely consumed in the process rather than forming part of the finished product. Applying the distinction between raw materials and consumables, CESTAT held that inputs essential to manufacture do not lose their character as consumables merely because they are used in production. On that basis, the finished granite slabs were not treated as non-qualifying goods, and the duty demand was held unsustainable. Case-Laws Customs Fri, 06 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35193