2007 (7) TMI 199

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..... value of cylinders to be included in the assessable value - buyers were not alleged to be related to the assessee & price charged by the latter was not alleged to be affected by any extra commercial consideration - so value of the cylinders owned by the buyers was not includible in the assessable value of liquid Sulphur dioxide
S/Shri P.G. Chacko, Member (J) and P. Karthikeyan, Member (T) [Or .....

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..... s. In the result, there is also a penalty of Rs.10,000/- on the appellants. 3. After hearing both sides and considering their submissions, we note that a similar question was considered by this Tribunal for a post-1.7.2000 period in the case of Grasim Industries vs. CCE, Indore - 2004 (164) ELT 257 (Tri. Del.). In that case the excisable commodity was liquid chlorine which was sold by the assess .....

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