1999 (5) TMI 517 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, New Delhi addressed the includibility of wire ropes used for tying steel plates in the assessable value of steel plates. The appellant argued that the wire ropes were for securing goods during transport, not packing. Referring to a previous decision, the Tribunal ruled in favor of the appellant, stating that the cost of wire ropes should not be included in the assessable value of the steel products.