2002 (12) TMI 394 - AT - Central Excise

Summary

The appeal challenged the Commissioner's order regarding the sale of steel strips by a manufacturer of razor blades. The issue was whether to determine the price based on Section 4(1)(a) of the Act or the cost of production. The Tribunal set aside the Commissioner's order and allowed the appeal, stating that the goods should be assessed based on the price at which 15% of the production was sold in the open market.