1990 (11) TMI 277

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....or the Respondent. [Order per: S.V. Maruthi, Member (J) ]. - The appellants manufacture Iron Wire nails. As there is no market or demand for the said nails at Nandigama they were disposing of the same through their sales depot at Vijayawada. The goods were transported under gate-passes to their sales depots at Vijayawada and selling them in retail. The appellants arrived at the value of the goo....

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....f exemption limit under the notification is the value excluding the sales tax paid on part of the goods during the relevant financial year. The Asstt. Collector penalised the appellants on the ground that they have violated Rule 173F. They submitted that there is no violation of Rule 173F as they have correctly calculated the assessable value for the purpose of exemption limit. The appellants paid....

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.... his order has not demanded any duty and the department has not filed any appeal against the said order. Therefore, the duty is not involved in this case. The only question for consideration is whether the penalty levied by the lower authorities is justified. The department's case is that the value for the purpose of calculating the exemption limit should be the value of the clearances from the sa....