offered for sale or put forth for sale. Generally speaking this could not be done until the value had depreciated to more than 50%. These ... legal issues before him.
23. Ordinarily where the orders of confiscation are set aside the orders of penalty are automatically set aside. In this set
consider the plea of the appellant that while arriving at the assessable value abetment of duty payable was required to be allowed since the appellant ... payable by the appellants.
12. In the result the impugned order is set aside and the appeals are allowed by remand to the Commissioner
Court against these orders were dismissed in limine. Thus the ratio set forth in these decisions has not been confirmed by the Supreme Court. Whether ... Tribunal's order till such time as they were set aside by the competent authority. This is therefore no ground for not following them
being a provision made for
diminution in the value of investment in Gujarat Investments Ltd.
(i) The issue, in brief, was that the assessee ... made a
provision for Rs.32.25 lakhs towards diminution in value of its investment in
GIL, according to the assessee, the investment was made
being a provision made for
diminution in the value of investment in Gujarat Investments Ltd.
(i) The issue, in brief, was that the assessee ... made a
provision for Rs.32.25 lakhs towards diminution in value of its investment in
GIL, according to the assessee, the investment was made
consider the plea of the appellant that while arriving at the assessable value abatement of duty payable was required to be allowed since the appellant ... payable by the appellants.
12. In the result the impugned order is set aside and the appeals are allowed by remand to the Commissioner
Appeal , we think it proper to deal with the specific case put forth by the department in the show Cause Notice. The Show Cause Notice ... Alkem and Ind-Chemie to sel their goods they would have to set up their own marketing organisation or arrangement. In such eventuality they would
pleas put forth by the appellants and reduced the fine considerably from Rs. 1,80,000/- to Rs. 45,000/- and set aside the penalty ... held that imposition of fine of 85% of the c.i.f. value is justified. In view of above we do not find any justification
owners realised anything over and above the price declared by them as value of molasses sold by them, the Department was not justified in claiming ... claim of differential duty put forth against the appellants is unsustainable.
7. Orders impugned in these appeals are set aside in its entirety with consequential
Commissioner Of Central Excise, ... vs M/S Mico Ltd., Bangalore on 16 February, 2001
ORDER
