2001 (2) TMI 385 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard and disposed of seven appeals regarding the assessable value of molasses sold by sugar mills to distilleries. The Tribunal found that the Central Excise Department's demand for differential duty was unsustainable as the price of molasses was not fixed under any law and the subsidy proposed by the government was never paid. The orders impugned were set aside, and the appeals were allowed.