2005 (3) TMI 675

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..... r per : S.S. Sekhon, Member (T)]. After hearing both sides for sometime it is found that the main appeal can be disposed off, therefore after waiver of pre-deposit the main appeal is taken up for disposal by this order. 2.The issue involved in this case is valuation of PCB sub-assemblies cleared to manufacturer of TV sets, such clearances were effected on sale basis. The buyer used these P .....

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..... cation of Section 4(1)(a) valuation for PCB sub-assemblies. The valuation is to be arrived at under the appropriate valuation rules. 3.We find that the lower authorities have applied Rule 6(b)(2) and proceeded on basis of costing data by availing the services of cost accountant of the department. It is admitted position that the costing has not been arrived as per Boards Order No. Circular No. 6 .....

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..... s along with the question of bar of limitation in the de novo proceedings. Both sides can have their say on these issues. We also make it clear the plea of valuation under Section 4(1)(a) of the Central Excise Act is not open to be re-agitated in the de novo proceedings. 5.This appeal is allowed in above terms. 6.Application also stands disposed. (Pronounced in Court) - - TaxTMI - TMITax .....

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