1997 (8) TMI 268 - AT - Central Excise

Summary

The appeal was filed by the Commissioner of Central Excise, Guntur against the dropping of proceedings for demand of duty by adding Modvat credit to assessable value of final product. The Commissioner's decision was upheld as the declared price was genuine and in accordance with the law, so no Modvat credit was added. The appeal was dismissed by the Appellate Tribunal CEGAT, MADRAS.