1999 (12) TMI 350 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed deductions for interest on book debts and interest on finished goods at depot, citing a Supreme Court decision. However, the deduction claim for special secondary packing was rejected as it was deemed necessary for proper delivery and part of the cost of manufacture. The authorities were directed to credit the deductions for interest while the appeals were allowed partially.