2002 (5) TMI 569 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi, in the case represented by Shri P.K. Jain, SDR for the Appellant, ruled that interest received on goods sold on credit does not form part of the price for excise duty. The appeal was allowed based on the Supreme Court decision in VST Industries Ltd. v. CCE, Hyderabad - 1998 (97) E.L.T. 395 (S.C.).