2017 (10) TMI 1350

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..... d Engineer’s technical details could not be challenged by appellant leading any evidence - appeal dismissed - decided against appellant. - Appeal No. C/654/2008 - - - Dated:- 17-10-2017 - Dr. D.N. Panda, Judicial Member And Shri C.J. Mathew, Technical Member For the Appellant : None For the Respondent : Shri S.R. Nair, E.O. (AR) ORDER Per: Dr. D.N. Panda 1. None present .....

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..... ed the value of the machine as US $ 9,00,000/- equivalent to Indian ₹ 1,63,60,500/-. This value was determined by the Chartered Engineer taking into account the value addition to the printing machine from time to time and also the depreciation appreciable thereto as has been recorded in para 23.14 of the adjudication order. When the value was determined, life of printing machine and year of .....

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