2001 (3) TMI 205 - AT - Central Excise

Summary

The appeal was against the order of the Collector (Appeals) setting aside the approval of the price list for captive consumption of aluminum hydroxide gel. The Tribunal dismissed the appeal, stating that the value for captively consumed goods should be based on comparable goods sold by the manufacturer. The Tribunal also rejected arguments regarding the time limit for the application under Section 35E and the deduction of profit in arriving at the value.