2001 (11) TMI 402 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal by a manufacturer of aerated waters regarding the determination of the value of goods for assessment based on the maximum retail sale price. The Tribunal held that the assessable value should be determined based on the retail price printed on each type of bottle meant for sale in different areas, not just the highest price. The impugned order by the Commissioner was set aside. (Citation: 2001 (11) TMI 402 - CEGAT, Mumbai)