2016 (1) TMI 688

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lability of exemption on this compound is disputed from the adjudication order dt. 27.12.2011. We find that the appellant had submitted before the authorities that the Castor Oil compound is exempted from excise duty under the said notification. From the adjudication order as well as the order of Commissioner (Appeals) it is seen that this point was ignored by the authorities. It is also brought t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taking its value to be 110% of the cost of production in terms of Rule 6 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000. 3. Revenue's contention is that duty should have been paid on the value at which such goods were sold in the market. Therefore, differential demand has arisen which has been confirmed by the adjudicating authority and the Commissi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X