1998 (7) TMI 360 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi rejected a refund claim of Rs. 31,434.72 for April 1991 as the assessee did not file a revised price list claiming a discount of 7.5%. The Tribunal upheld the rejection, citing a Supreme Court judgment stating that duty liability is based on the price at the time of goods clearance, regardless of subsequent price reductions.