2004 (7) TMI 608 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai decided that only a 2% profit margin should be added to the assessable value, not 10%. The Tribunal emphasized that the same standard should be applied for profit margin across all units of M/s. M.S.E.B. The impugned orders were set aside, and the appeals were allowed with the direction to add only 2% profit margin to the assessable value.