2000 (1) TMI 509

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..... : Jyoti Balasundaram, Member (J)]. The respondents herein manufacture Insulating Varnish classifying it under CET sub-heading 3208.40. It was noticed that they were also clearing Catalyst along with Insulating Varnish but not paying duty on the catalyst when removed from the factory. The Additional Commissioner confirmed the duty demand of Rs. 3,44,632/- on the quantity of catalyst removed b .....

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..... assessable value of insulating varnish and Shri B. Bhattacharya, learned Advocate who submits that the insulating varnish manufactured by the respondents is a fully manufactured commodity and can be bought and sold without catalyst and that supply of catalyst is optional and he relies upon certain decisions of the Tribunal wherein it has been held that value of optional bought out items is not req .....

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..... nal's decision in the case of Nichrome Metal Works - 1996 (88) E.L.T. 448 relied upon by the learned DR is distinguishable from the facts of the present case since in that case, there was no evidence that supply of bought out items was optional and that it was only a trading activity. 4. Following the ratio of the Tribunal's order in the case of Webel and National Radio cited supra. We hold that .....

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