https://www.taxtmi.com/caselaws?id=122384 The case involved a duty demand and penalty imposed on the clearance of Aluminum Extruded Sections below the cost of production. The lower Appellate Authority set aside the duty demand and penalty, which was appealed by the Department. The Tribunal ruled that a price below the cost of production cannot be accepted as the normal price in the ordinary course of trade. Sales below cost of production are abnormal and cannot be deemed part of the ordinary course of trade. The appeal by the Department was allowed, and the penalty imposed was upheld. en-us Mon, 04 Jun 2007 00:00:00 +0530 Mon, 13 Aug 2012 13:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122384 The case involved a duty demand and penalty imposed on the clearance of Aluminum Extruded Sections below the cost of production. The lower Appellate Authority set aside the duty demand and penalty, which was appealed by the Department. The Tribunal ruled that a price below the cost of production cannot be accepted as the normal price in the ordinary course of trade. Sales below cost of production are abnormal and cannot be deemed part of the ordinary course of trade. The appeal by the Department was allowed, and the penalty imposed was upheld. Case-Laws Central Excise Mon, 04 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122384