2004 (8) TMI 452 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi upheld the order of the Commissioner of Central Excise and Customs, Daman, stating that the assessable value should not be based on MRP affixed on finished goods. Goods in question not covered by Section 4A of the Central Excise Act, therefore duty not required to be paid on MRP basis. Duty liability discharged correctly under Section 4 of the Act. Revenue's appeal rejected.