1996 (8) TMI 375

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..... mber (J)]. The dispute is in respect of valuation whether addition of profit of margin is to be added or not to the value of the goods manufactured and cleared by the party. The Collector (Appeals) has analysed the issue following the earlier orders. His findings in Para 3 of the order are as under :- 3. I have considered the points raised by the appellant in their appeal petition and the .....

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..... the same time the appellants second request for further reduction of value to Rs. 4.95 is unacceptable as such a price would be far below on their own costing to accept to which there is no sanction of law. In accordance with the above decision the value in the present case should be fixed on the basis of cost production without addition of any profit element. 2. On going through the facts .....

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