CEGAT Order No. 195/96-A dt. 11/1/96 in the case of M/s DaiIchi Karkaria vs. Collector of Central Excise - Admittance of Deptt's appeal. - Central Excise - 264/98/96-CX

Circular No. 264/98/96-CX dated 11/11/96 F.No. 383/501/96-JC Government of India Ministry of Finance (Department of Revenue), New Delhi Subject: CEGAT Order No. 195/96-A dt. 11/1/96 in the case of M/s DaiIchi Karkaria vs. Collector of Central Excise - Admittance of Deptt's appeal. In am directed to refer to the above mentioned CEGAT Order which is reported in Excise Law Times as 1996 (81) ELT 676 (T). In this case, the Tribunal has decided that the duty paid on inputs of which Modvat Credit has been taken is not to be added in the cost of the raw material while determining the assessable value of the final product. Against this CEGAT Order, the Department had filed an appeal in the Supreme Court of India. In the aforesaid regard, I am directed to inform you that the Hon'ble Supreme Court of India has admitted the Department's appeal on 7/10/96. Sd/- (M.K. Gupta) Director (JC)