2014 (6) TMI 681

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..... is in respect of the goods manufactured on behalf of Steel Authority of India Ltd. The applicants are paying duty at the sale price of Steel Authority of India Ltd. as per the provisions of Rule 10A of the Valuation Rules. In this situation, the value of waste and scrap retained by the applicant cannot be considered as additional consideration - In respect of the goods manufactured on behalf of KE .....

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..... application for waiver of pre-deposit of duty of Rs. 64,22,006/-, interest and penalty. The applicants are undertaking job work for Steel Authority of India Ltd. The demand is confirmed on the ground that the applicants are not including the value of waste and scrap retained by them in the value of finished products for the purpose of payment of duty. The contention of the applicant is that the de .....

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..... sessee to deposit part amount of duty where the demand is confirmed on the same grounds. The assessee filed appeal before the Hon ble Bombay High Court and the Hon ble Bombay High Court vide order dated 18-9-2012 in Central Excise Appeal No. 69 of 2012 set aside the order passed by the Tribunal, hence the demand is not sustainable. 4. The Revenue relied upon the findings of the lower authority .....

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