2003 (10) TMI 470

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tant, for the Appellant. Smt. Radha Arun, SDR, for the Respondent. [Order Per : G.A. Brahma Deva, Member (J) (Oral)]. - These are three stay applications filed by the applicants for the waiver of pre-deposit of duty as well as penalty covered under the respective impugned orders. 2. In respect of all these stay applications it was submitted by the Counsel for the appellants that w....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The clarification was conveyed to the Trade, vide Hyderabad Collectorate Trade Notice 136/75, dated 12-8-1975. 3. Shri Chidananda Rao, ld. Counsel for the applicant submitted that where the law provides for declaration of ceiling price and since the assessee is selling goods at a lower price, that lower price should be taken as basis in determining the assessable value. He also submitted t....