2001 (12) TMI 829

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hi, Advocate, for the Appellant. Shri J.M. George, DR, for the Respondent. [Order per : Gowri Shankar, Member (T)]. - The question for consideration in these appeals is the assessable value of the molasses captively consumed by each of these appellants. Kopargaon SSK Ltd., appellant in E/678/96 had taken the assessable value of the molasses consumed by it between August and December 1994 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... The Committee headed by the Chief Minister of the State had recommended a price for purchase of price much lower than this and that should be applied. Alternatively the price should be determined in accordance with the Rule 6(b)(ii) holding that price at which WMDC purchased these goods were not valid price. He relies upon the decision of the Tribunal in Ashok SSK v. CCE - 2000 (117) E.L.T. 708. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....;In its decision in Ashok SSK v. CCE, the Tribunal said that since the WMDC was not the manufacturer of the molasses, the price at which it purchased molasses was not acceptable as value. It then went on to say it was necessary to take at the value the price at which a manufacturer geographically close to the place or located of the factory, whose appeal was under consideration form the basis for ....