2002 (1) TMI 630

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....retary, for the Appellant. Shri B.B. Sarkar, DR, for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. -  The adjudicating authority has confirmed duty demand of Rs. 81,42,548/- and penalty of Rs. 81,42,548/- in the case of M/s. Cadilac Textiles and Rs. 30,14,029/- towards duty and penalty of Rs. 30,14,029/- in the case of M/s. Fancy Synthetics holding that DTA sales of g....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd demand duty on the ground that the entitlement was required to be restricted to 50% of the FOB value of physical exports. The Bench has held that if the Revenue was of the view that the value of deemed export should not have been taken into consideration in arriving at the value of goods to be allowed to be sold in the DTA, the matter should have been taken up with the Development Commissioner ....