2000 (1) TMI 509 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the respondent, holding that the value of catalyst is not required to be included in the assessable value of insulating varnish for the purpose of Central Excise duty. The Tribunal cited previous decisions where it was established that the cost of optional bought out items should not be added to the assessable value of the final product. The appeal was rejected, confirming the decision of the Commissioner (Appeals).