2004 (5) TMI 338

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Appellant. Ms. K.A. Mishra, SDR, for the Respondent. [Order per : Justice K.K. Usha, President]. - The issue raised in this appeal at the instance of the assessee is whether they are entitled to come under Clause (b) of sub-rule (3) of Rule 57AG of the Cenvat Rules. The relevant rule reads as under :- "(b) An independent texturiser who manufactures texturised yarn (including dr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....isputed. The Commissioner (Appeals) accepts the fact that textured yarn is an intermediate product and it is used for the manufacture of Slide Fasteners. Still he proceeds to hold that the appellants case will not come under Clause (b) of sub-rule (3) of Rule 57AG. The learned Counsel for the appellant placed reliance on the decision of this Tribunal in Regal Crimptex Pvt. Ltd. & Ors. v. C.C.E., S....