TaxTMI 
TaxTMI 
2011 (5) TMI 8
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....unal whereby the appeal preferred by the appellants herein against the order of the Commissioner (Appeals) has been upheld. The? submission of appellants is that the dip reading method was not best method for measurement of molasses and it ought to have been ascertained by floating method by determining specific gravity of molasses, or by direct weighment. The learned Tribunal placed reliance on t....
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....is received by weight and cleared by weight and as such, the learned Tribunal erred in law in holding that the dip method was correct method. We have heard the learned counsel and have examined the judgment of the learned Tribunal. In our opinion, the reasons given for adopting the dip method cannot be faulty as ultimately the molasses is a liquid and it has to be stored in tanks. In so fa....