stimulate sustained economic growth by providing
access to essential raw materials, intermediates,
components, consumables and
capital goods required for augmenting production and
providing services
which reads
as under:
“(i) “Materials” means -
(a) raw materials components, intermediates,
consumables, computer software and parts
required for manufacture of resultant product
specified
includes raw materials,
consuamables (other than fuel) components,
semi-finished goods, assemblies, sub-assemblies,
intermediate goods, accessories, parts and
packaging materials required for manufacture ... shall include raw materials, consumables ( other
than fuel ), components, semi-finished goods,
assemblies, sub-assemblies, intermediate goods,
accessories, parts and packaging materials used
independent
identifiable intermediate stage of goods. The procedure as
adopted by the noticee is basically assembly of various parts &
components and of course ... held that duty is payable on intermediate products even if
some minor processes were not carried to make the product
marketable.
43. I also find
words that are
its neighbours “raw material”, “component part”,
“sub-assembly part” and “intermediate part”. So read, it
is clear that the word “consumables” therein
another dealer for use by the latter, would
include component parts, sub-assembly parts, intermediate parts,
and packing material in the manufacture or processing ... that every manufacturer, who intended
to purchase raw material, component parts, sub-assembly parts,
intermediate parts and packing material etc., under Section
independent
identifiable intermediate stage of goods. The
procedure as adopted by the noticee is basically
assembly of various parts & components and of
course ... held that duty is
payable on intermediate products even if some
minor processes were not carried to make the
product marketable.
43. I also find
coaching centre
in toto, but in fact they are also running regular intermediate
course i.e. educational institution providing education. So far
as the taxable ... liable to tax, question as to what are the
components which go into the intermediate course and what are
the components of fee that
M/S Shree Bhawani Paper Mills Limited vs State Of U.P. And Another on
that the credit shall also not be allowed in respect of the
components, spare parts and accessories of such capital goods which are
used ... goods shall not be denied or varied on the ground that any intermediate
products have come into existence during the course of manufacture
