2003 (7) TMI 351 - AT - Central Excise

Summary

The appellate tribunal in New Delhi allowed the appeal of an EOU against a duty demand of over Rs. 36,000 and a penalty of Rs. 10,000. The appeal concerned the clearance of reject yarn consignments to the appellant's related unit. The tribunal found that the assessable value adopted for paying duty was appropriate in both consignments, as the resale prices were considered normal. The appeal was allowed with consequential relief to the appellant.