1997 (6) TMI 205

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..... Justice U.L. Bhat, President]. These appeals arise in relation to 63 price lists filed by the common appellant, M/s. Incab Industries Ltd. in respect of their manufactured products, namely, copper cables and strips. The price declared in the price lists was the price of finished products less the duty paid on the corresponding inputs in respect of which Modvat credit had been availed. The As .....

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..... eductions and therefore the concept of transaction value has no place in the scheme of Section 4 of the Central Excise Act, 1944. 3. An identical controversy in relation to the appellant came up for consideration before the Tribunal in Appeal No. E/1/92-A disposed of by Final Order No. 90/94-A [1995 (75) E.L.T. 131 (Tribunal)]. In that order, the Tribunal after discussing the legal position held .....

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