2002 (8) TMI 673

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..... , for the Respondent. [Order per : C.N.B. Nair, Member (T)] - The appellants are manufacturers of fabricated, galvanized steel structurals which are used in the construction of electricity distribution towers by various electricity Boards and NTPC. The manufacture is against specific orders. The appellants were paid certain advances ranging from 10% to 15% of the value of the orders. The adjudi .....

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..... ale of the goods, after proper certification of the goods by the designated authority of the buyer, the assessee's submission being that, as a matter of fact, part of the payment always remained in long credit and the assessee only lost in terms of interest on the goods sold. 2. Aggrieved by the above order, the Revenue filed appeal before the Commissioner of Central Excise (Appeals), Vadoda .....

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..... th the adjudicating authority and the appellate Commissioner, Vadodara passed their orders following this well settled legal position. We find that even in the present appeal, no material has been cited to show that the contracted prices were lower than the normal prices. That too on account of the advances. In fact, it would appear to be admitted that sale prices had not been affected by the depo .....

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