2011 (2) TMI 1057

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..... e Revenue against the order-in-appeal No. PD/225/M-IV/2003  dated 27.10.2003.   2. Brief facts of the case are that M/s. Standard Industries Ltd. - the respondent, during the period from April 98 to April 99 captively consumed yarn to manufacture grey fabrics.The valuation of the said yarn was done as per cost construction basis in terms of Section 4(1) (b) of Central Excise Act 1944 .....

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..... ssioner (Appeals) upheld the order-in-original by recording clearly that the demand is hit by limitation. Aggrieved by such an order, the Revenue is before us. 4. The respondent is absent despite notice.  Since the issue involved in this case lies in a narrow compass, we take up the appeal for disposal in the absence of any representation from the respondent. 5. The learned DR draws our a .....

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..... istribution charges in the value of yarn. It is undisputed that during the relevant period, the respondent had filed price declarations in terms of Rule 173C of erstwhile Central Excise Rules, 1944. The receipts of the declarations have been acknowledged by the jurisdictional authorities on the respective column.The price declarations included the details of the cost of the product alongwith a cer .....

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