2000 (3) TMI 884 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal, setting aside the order confirming the demand for differential duty on machinery manufactured by the appellant. The Tribunal ruled that there was no evidence to show a nexus between the interest-free advances taken by the appellant and a depression in the price of the goods. Previous decisions by the Tribunal supported this reasoning.