1997 (2) TMI 293 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi, in the case of a common appellant manufacturing Maleic Anhydride, set aside the demand for duty on interest collected for delayed payments, ruling that it is not part of the assessable value under Section 4(1)(a) of the Act. The Tribunal allowed the appeals as duty was not payable on the interest amount.