https://www.taxtmi.com/caselaws?id=124980 The Tribunal upheld the appellants' duty payment at 16% for exported watches, rejecting the Revenue's claim for a differential amount. It was determined that duty assessment under Section 4 was appropriate, not under the exemption notification for watches below Rs. 500. The Tribunal clarified that the exemption did not extend to exported goods due to unaffixed retail prices. The appeals were allowed, affirming the correctness of duty payment and the exemption's inapplicability to exports. en-us Wed, 01 Oct 2008 00:00:00 +0530 Tue, 29 Aug 2017 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124980 The Tribunal upheld the appellants' duty payment at 16% for exported watches, rejecting the Revenue's claim for a differential amount. It was determined that duty assessment under Section 4 was appropriate, not under the exemption notification for watches below Rs. 500. The Tribunal clarified that the exemption did not extend to exported goods due to unaffixed retail prices. The appeals were allowed, affirming the correctness of duty payment and the exemption's inapplicability to exports. Case-Laws Central Excise Wed, 01 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124980