2011 (7) TMI 426

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....ANJAN SATAPATHY, Technical Member Appearance : Shri K.S.Venkatagiri, Advocate For the Appellant Shri V.V.Hariharan, JCDR For the Respondent/s Per Jyoti Balasundaram Vide the impugned order, the Commissioner of Central Excise has confirmed a demand of Rs.96,04,556/- together with interest and penalty of equal amount on hosiery cotton yarn cleared by the assessees (100% EOU) to DTA, b....

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....nal product. Waxing is done to maintain co-efficient of friction between yarn and metal in order to avoid excessive yarn breaks as well as needle breaks. The purpose of waxing is the same as that of M/s.Forbes Gokak Ltd. who also cleared cotton yarn to DTA claiming the benefit of the same notification and the benefit stands extended by the Hon'ble Karnataka High Court as seen from 2010 (250) ELT 1....