1999 (7) TMI 624

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..... hma Deva, Member (J)]. Heard both sides with reference to the appeal filed by the assessee, M/s. LML Ltd. Shri R. Santhanam, learned Advocate appearing for the appellants submitted that the main issue to be considered in this case is whether notional interest on deposit is to be included in the assessable value. He submitted that interest in the instant case is of two types. He submitted tha .....

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..... decision of the Supreme Court in the case of Metal Box India Ltd. v. Collector of Central Excise [1995 (75) E.L.T. 449 (S.C.) = 1995 (56) ECR 625]. He submitted that in view of the conflicting views of the Apex Court in the case of Metal Box India Ltd., as well as the VST Industries, the matter may be remanded to the adjudicating authority for de novo consideration. 3. We have carefully consider .....

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