2001 (6) TMI 82 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Court No. I, New Delhi found in favor of the appellant, a molasses manufacturer, in a case where duty was demanded based on valuation rules. The tribunal ruled that the differential duty demand was not sustainable as the sale was to an independent buyer at a specific price. The demand and penalty were set aside, and the appeal was allowed.