2002 (5) TMI 486 - AT - Central Excise

Summary

The appellate tribunal in Mumbai allowed the appeal against duty demand and penalty imposed on the appellants for including expenses incurred by consignment agents in the assessable value of excisable goods. The tribunal disagreed with the Commissioner's conclusion, citing the Supreme Court's decision that the ex-factory price should be considered as the basis of value when ascertainable, even for goods sold from depots. The tribunal set aside the order and allowed the appeal.