2003 (5) TMI 299 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai ruled in favor of the appellants regarding the valuation of caprolactum made from polyamide chips. The Tribunal found that Rule 6(b)(ii) can only be applied after Rule 6(b)(i) is exhausted. The case was remanded back to the Dy. Commissioner for valuation under Rule 6(b)(i) considering comparable goods and quality adjustments. The appeal was allowed by way of remand.