2015 (7) TMI 384

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....i, Advs. For the Respondent : Dr Samir Chakraborty & Mr Abhijit Biswas, Advs. ORDER The Court : The subject matter of challenge in the appeal is a judgment and order dated 6th January, 2014 by which the appeal of the assessee was allowed. The Revenue has come up in appeal. The question formulated by the Revenue and suggested for consideration in the appeal is question no.1 which is as follows; ....

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....and excellent cooling and friction reducing properties. Its emulsion gives longer roll life, reduced power consumption, stain free surface finish. Due to its proper composition with natural fats, emulsion shows excellent "Plate out" characteristic to ensure roll and strip cooling. Its frictional properties give correct roll bite, less strip breakage and longer roll life." The learned Tribunal, it....

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....ypropylene glycol).These synthetic lubricants, which include "greases" based on silicones or jet lube oils (or synthetic ester lubes), are designed to operate under specially exacting conditions (e.g., fire-resistant lubricants, lubricants for precision instrument bearings or jet engines." On the basis of the aforesaid treatise, the Tribunal held that; "we have little doubt that the goods in que....