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TMI Blog1995 (9) TMI 183X X X X Extracts X X X X X X X X Extracts X X X X ..... an appeal against order dated 21-10-1983 passed by the Collector Central Excise (Appeals) Madras. Respondents are engaged in the manufacture of articles of wood falling under T.I. 68. During the relevant period they opted for assessment of their goods on invoice price under Notification No. 120/75-C.E., dated 30-4-1975. They were selling in the market firewood at Rs. 30/- per 100 Kg and saw dust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any and its employees. Against the order passed by the Assistant Collector, the Department prefer an appeal before the Collector Central Excise (Appeals) who by the impugned order confirmed the finding of the Assistant Collector on the grounds that the respondents were entitled to the benefit of assessment on the basis of the invoice price in terms of Notification No. 120/75 in respect of goods so ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g been influenced by their relationship was not acceptable as assessable value of the goods. He therefore pleaded that the impugned order may be set aside and the appeal allowed. 3. We have examined the records of the case. The only question which arises for consideration in this case is whether the specially reduced invoice price in respect of goods sold by the respondents to their employees wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Notification No. 120/75 is a statutory notification issued under Rule 8(1) of the Central Excise Rules, 1944 but the said notification cannot go beyond the provisions of Section 4 which lays down the principles and guidelines for determination of assessable value of excisable goods and in determining the invoice price the same principles have to be followed. Since in terms of Section 4 of the Cen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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