defined the terms "Raw material" as - "Raw materials, components, intermediates, consumables, computer software and parts required for manufacture of resultant products specified ... Policy is "materials means goods which are raw materials, components, intermediate products or consumables used in the manufacture of resultant, products and their packings
Materials" means -
(a) raw materials, components, intermediates, consumables and parts required for manufacture of export product;
Provided that in the case of electronic goods
this behalf.
2.16 Actual User Condition
Capital goods, raw material, intermediates, components, consumables, spares, parts, accessories, instruments and other goods, which are importable, without
specified by way of public notice, for import of raw material, intermediates, components, etc. The DEPB is freely transferable subject to the condition that
jobbing. In this Notification "goods" means raw materials, components, intermediate, semi-finished goods, consumables, parts, packing materials including hangers for garments, patterns, drawing
with explanation clause annexed to the Notification as 'Raw materials, components, intermediates, consumables, computer soft ware and parts required for manufacture' of export
manufacturer just because the job worker paid duty on the intermediate components under the normal procedure in place of returning them to the manufacturer without ... such cases where the job worker pays the duty on the intermediate components.
3. In view of my findings as above
words namely 'raw material', 'component part', 'sub-assembly part' and 'intermediate part' and the Supreme Court
ordinary pipes and shafting but precision machined sophisticated components so that the alignment of the intermediate line shaft bearings in the column pipes is well
bolts, screws and cutting tools which are intermediate products manufactured by the respondent and which ultimately become component parts of finished goods, the only reasonable ... final products is not correct method of valuation of captively consumed intermediate products. Hence the Order-in-Appeal is not legal and proper. The Commissioner
