2003 (4) TMI 419 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal by the Commissioner, setting aside the demand for duty on goods manufactured and cleared by the respondent. The Tribunal held that duty was payable based on the finalization of assessment, not on the final adjustment of duty. The Tribunal overturned the Commissioner (Appeals) order and restored the Assistant Collector's order.