2016 (8) TMI 1024

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hri Prabhu DAS Puli, Joint Commissioner (AR) for the Respondent. ORDER The appellants are manufacturers of Resigned Lignite, Carboxyl Methyl Cellulose, Chromo Lignite and Polyglycerol and are registered with Central Excise Department.  The appellants were clearing goods to M/s ONGC Ltd., M/s Oil India Ltd., M/s Singareni Collaries Company Ltd., basing on contracts.  One of the conditio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g assessable value since liquidated damages is not an item of expenditure which is to be deducted from the assessable value.  In appeal, the first appellate authority upheld the same.  The appellant is thus before the Tribunal. 2.  The learned counsel for appellant Shri K.V.S. Prabhakar Rao submitted that the issue is squarely covered by the decision of Larger Bench of Tribunal in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X