1979 (12) TMI 77

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..... ners did not avail of the opportunity of personal hearing given to them and therefore Government proceed to decide the revision application on the basis of the written submissions as well as in the facts and record of the case. 2. The petitioners were found to have manufactured air-coolers assessable to duty under item 29A of the Central Excise Tariff in their Central Workshop without obtaining .....

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..... d practice that where a manufacturer produces some excisable goods and utilises the same within his factory for captive consumption, then in order to arrive at the correct assessable value a reasonable profit margin is added to the cost of production. The Supreme Court have also held in the Voltas case that the assessable value for the purpose of levy of Central Excise duty should comprise of the .....

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