2016 (8) TMI 708

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..... rishna Prasad, Adv. And Ms. Pooja Sharma, Adv. for the Appellants. Mr. V. Lakshmikumaran, Adv., Mr. S. Vasudevan, Adv. And Mr. M. P. Devanath, Adv. for the Respondents. ORDER: In this appeal, we are concerned with the valuation of goods on which excise duty was payable by the respondent-assessee. The period in question is October, 1997, to June, 2000. The assessee had filed the returns on th .....

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..... n which the sales were made to Goan company could not have been the basis. The Tribunal, on the other hand, found that during this period, there was a solitary sale transaction which was at Rs. 100 per k.g. in December, 1997. 3. Insofar as the period in question, i.e., October, 1997, to June, 2000, is concerned, there is only captive consumption of goods. In these circumstances, since that was th .....

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