1996 (11) TMI 214 - AT - Central Excise

Summary

The judgment from the Appellate Tribunal CEGAT, MADRAS addressed whether the value of tyres and tubes attached to a trailer bucket should be included in the assessable value of goods. The Tribunal ruled that the value of the trailer with tyres and tubes should be considered in the assessable value. The duty demand of Rs. 1,25,388.27 was confirmed, but the penalty was reduced from Rs. 15,000 to Rs. 5,000. The appeal was dismissed with the mentioned modifications.