2003 (6) TMI 267

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....or the Appellant. Shri Kumar Santosh, SDR, for the Respondent. [Order per : C.N.B. Nair, Member (T)]. - When these stay applications came up for hearing, it was felt that the appeals themselves could be disposed of as the dispute turns purely on a settled legal question. Accordingly, we take up the appeals themselves and dispose them under this common order. 2. We have heard both ....

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....se (Valuation) Rules, 1975. They point out that Section 4(1)(a) stipulates that normal whole sale price shall constitute assessable value. Further, Central Excise Valuation Rules, 1975 provide [Rule 6(a)] that due deduction shall be allowed from the retail price, in case the assessable value is required to be determined from the retail price. During the hearing of the case, the ld. Counsel for the....