Identification of nature of goods based on entries in RG-1 registration needs reconsideration

Dhanesh Textiles Industries Pvt Ltd Vs Commissioner of Central Excise Mumbai-V Commissionerate (Bombay High Court) Bombay High Court held that identify the nature of the goods as to whether they are finished or semi finished based on the entries in the RG-1 register needs reconsideration by the Appellate Tribunal. Facts- The Appellants are engaged in processing of fabrics on job work basis. Till 16 December 1998, the said processed fabrics were chargeable to duty at advalorem rates of 12% Basic Excise Duty. The Appellants are engaged in the processing of cotton fabrics and man made fabrics fal...