2001 (1) TMI 693 - AT - Central Excise

Summary

The appellate tribunal in Chennai considered whether interest on deposits with a manufacturer should be included in the assessable value of tailor-made machines. The disputed revenue amount was Rs. 4750, with no penalty imposed. The tribunal dismissed the appeal by the Revenue, citing a Supreme Court decision that interest on deposits should not be included if prices were not depressed due to the deposits.