1998 (5) TMI 201 - AT - Central Excise

Summary

The appellate tribunal granted stay on the issue of valuation of tailor-made electrical machinery. The appeal involved advance payments received by the Appellant from customers and the addition of notional interest to the assessable value. The tribunal set aside the impugned order as the department failed to show that the advance affected the selling price of the product. The appeal was allowed based on precedent decisions.