Appellate tribunal rules duty not applicable on goods cleared below approved prices

The appellate tribunal held that duty and penalty could not be imposed when goods were cleared to a Public Sector Undertaking below approved prices. The values of the goods did not breach the Central Excise Act, leading to no duty demands. The penalty was upheld, but duty orders were overturned.

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The appellate tribunal ruled that duty and penalty cannot be imposed when goods are cleared to a Public Sector Undertaking at prices lower than those approved in price lists. The values of the goods cleared were not found to violate the Central Excise Act, so no duty demands were determined. The penalty was confirmed, but duty orders were set aside.

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