2005 (6) TMI 410

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..... dent. [Order per : T. Anjaneyulu, Member (J)]. These applications are filed under Section 35F of the Central Excise Act, 1944 for grant of full waiver of pre-deposit amount and stay its recovery. 2.The appellants have filed appeal against an Order dated 5-1-2005 passed by the Commissioner of Central Excise Customs, Daman, confirming the duty and imposing penalty and interest on them. .....

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..... ection 4(1)(b) of the Central Excise Act, 1944, read with Valuation Rules, 2000 and accordingly, the value of the goods captively consumed would be 115% of the cost of production as per provisions of Rule 8 of the Valuation Rules ibid, as observed in the impugned order. 5.After hearing both sides and having regard to the aforesaid observations made by the Commissioner (Appeals), we find there .....

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