1996 (7) TMI 386 - AT - Central Excise

Summary

The appeal was against the Order-in-Appeal No. 661/87(M), dated 3-4-1987 of Collector of Central Excise (Appeals) regarding determination of value in terms of Rule 6(b)(ii) of Central Excise Valuation Rules, 1975. The dispute was about the calculation of gross profit. The Revenue argued that only expenditure directly related to the actual manufacture of goods should be considered, while the Respondent argued that all legitimate expenditures should be included. The tribunal upheld the Collector (Appeals) decision that all expenditures should be considered to arrive at gross profit. The Revenue's appeal was rejected, and the impugned order was upheld.