1993 (2) TMI 101

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..... owing order : "Shri Verma contends that the very basis of revaluation suffers from the infirmity of attracting the wrong Rules. The new Rules which came into force from 16th August, 1988, stood attracted and ought to have been applied. We find this contention not substantial. The second contention of Shri Verma is that with the amendment of the show-cause notice, the earlier notice stood whol .....

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..... lidity of the classification of the goods was not raised and, therefore, stands concluded. 3. The only point, therefore, that survives is the third contention as noticed in the order dated 4th January, 1993, as to revaluation. The revaluation for purposes of duty and redemption-fine was based on certain quotations, said to have been obtained from M/s. Europa Wall Coverings Limited (M/s. Europa f .....

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..... d redemption-fine should be remitted to the Tribunal for a reconsideration and a fresh disposal in the light of such material as the parties may place before the Tribunal in support of their respective contentions as to the value at the relevant time. We order accordingly. The Tribunal will dispose of the matter within three months from the date of receipt of a copy of this order. 5. The appeal .....

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