2006 (5) TMI 236

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..... llant. Shri K. Sambi Reddy, JDR, for the Respondent. [Order per : T.K. Jayaraman, Member (T)]. This appeal has been filed against the OIO No. 01/2005 dated 27-4-2005 passed by the Commissioner of Central Excise Customs, Calicut. 2. The issue involved is the valuation of intermediary products like Populated Printed Circuit Boards (PPCBs) which are cleared to the sister unit of the .....

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..... ills Ltd. v. CCE, Mumbai - 2003 (161) E.L.T. 189 (T) (iii) CCE, Trichy v. SreeAravindh Steel (P) Ltd. - 2003 (157) E.L.T. 214 (T) The Commissioner has rejected this argument on the ground that the price at which the goods were sold to BSNL is not the Normal price because it has been arrived under a contract. He has confirmed a demand of Rs. 56.89 lakhs and imposed equal penalty under Secti .....

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