2000 (7) TMI 415 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Calcutta allowed the appeal by the appellant, setting aside the duty of Rs. 18,528.00 confirmed by adding notional interest on advances received. The Tribunal found that the advances did not result in a depression of the final product's price, citing previous judgments. The differentiation made by the authorities based on the period the advances were kept was deemed irrelevant. The Tribunal applied previous decisions to the present case and granted consequential relief to the appellants.