| Date: |
11-11-1996
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| Notification No: |
Central Excise Circular No 264/1996
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| Issuing Authority: |
Central Excise
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| Type: |
Circular
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| File No: |
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| Subject: |
CEGAT Order No. 195/96-A dt. 11/1/96 in the case of M/s DaiIchi Karkaria vs. Collector of Central Excise - Admittance of Deptt's appeal
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CEGAT Order No. 195/96-A dt. 11/1/96 in the case of M/s DaiIchi Karkaria
vs. Collector of Central Excise - Admittance of Deptt's appeal
Circular
No. 264
dated 11th November 1996
In
am directed to refer to the above mentioned CEGAT Order which is reported in
Excise Law Times as 1996 (81) ELT 676 (T). In this case, the Tribunal has
decided that the duty paid on inputs of which Modvat Credit has been taken is
not to be added in the cost of the raw material while determining the assessable
value of the final product. Against this CEGAT Order, the Department had filed
an appeal in the Supreme Court of India.
In
the aforesaid regard, I am directed to inform you that the Hon'ble Supreme Court
of India has admitted the Department's appeal on 7/10/96.
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