2004 (4) TMI 476

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....a, JDR, for the Respondent. [Order per : S.S. Kang, Member (J)]. - Heard both sides. The appellant filed this appeal against the Order-in-Appeal passed by the Commissioner (Appeals). 2. Brief facts of the case are that the appellants are engaged in the manufacture of Razor Blades, Twin blade cartridges and plastic parts of shaving and they were clearing the same at another unit for the ma....

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....ision of the Tribunal in the case of Raymonds Ltd. v. CCE reported in 2001 (129) E.L.T. 327. 4. The contention of the Revenue is that as per Board Circular No. 258/92/96-CX., dated 30-10-96, the profit is to be added to the cost of the goods as per the previous year balance sheet. 4. We find that in this case the appellants are adding notional profit @ 10% to the cost of the goods manu....