2003 (5) TMI 298 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CESTAT, Mumbai addressed the determination of the value of goods for assessment of Central Excise duty. The Commissioner (Appeals) held that the value should be determined based on Rule 8 of the Customs Valuation Rules, not Rule 3. The appeal challenging this decision was dismissed as the transaction value in Rule 3 does not necessarily match the actual value of goods sold domestically.