2014 (1) TMI 310

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r (AR), for the Respondent. ORDER Heard both sides extensively on the stay petitions. 2. The appellants are manufacturers of pig iron and MS billets and selling their products partly ex-factory and partly through consignment agents. On the basis of some report received from the Commissioner of Customs & Central Excise, Surat relating to one of the consignment agents, investigation was cond .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ill discount charges and interest for delayed payments. These extra amounts allegedly collected by the agents are not received by the appellants. Therefore, the demand of duty of excise including the said amounts collected by the consignment agents is not justified. He further submits that in the facts and circumstances of the case, invocation of extended period of limitation is also not justified .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ned advocate, is in the range of 0.84% to 2.35%) are attributable to banking charges and interests on delayed payments. Therefore the same may not be includible in the assessable value. 6. In view of the above, there shall be waiver of pre-deposit of dues as per the impugned order and stay of recovery thereof till the disposal of the appeals. Both the applications are allowed. (Pronounced & .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X