1997 (1) TMI 279

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hri T.R. Malik, SDR, for the Respondents. [Order per : Justice U.L. Bhat, President]. -  The applicant herein has challenged the orders passed by adjudicating authority and appellate authority enhancing the value of Two-Wheelers and Three-Wheelers manufactured by the appellant and cleared during the period 1-5-1992 to 31-10-1994 and demanding differential duty thereon. The application i....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....has a case and pressed the case at this stage also that the entire amount of advance was being deposited and not merely 50% of the deposit. It is pointed out that such a case was specifically urged in reply to the show cause notice and this case was supported by the certificate of the Chartered Accountant. The submissions are made to show that the amounts received as advance were not used and coul....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 3. It is contended for the applicant that the security amount received in respect of spare parts had nothing to do with the manufacture or clearance of vehicles and can have no nexus at all with the price of the vehicles. With respect to the booking advance received from persons who placed order for vehicles, it is submitted that it cannot go in addition to the price charged to the wholesale....