2004 (7) TMI 145

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..... pugned goods cleared from one factory of the appellants to another factory under the new Valuation Rules brought into effect from 1-7-2000. The appellants continued to clear the impugned goods as per the values determined under the old rules but under intimation to the department. Subsequently, they re-determined the value for the consignments cleared after 1-7-2000 and paid differential duty of R .....

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..... d differential duty of Rs. 1,44,94,102/- and claimed refund of Rs. 26,68,651/- instead of paying the adjusted amount of Rs. 1,18,25,451/-. We think that such a course as contended by the department would have resulted in an unnecessary exercise, particularly when any additional payment or refund would have resulted in variation of the credit at the other unit of the appellant. Our attention h .....

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