2014 (8) TMI 914

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....Superintendent (AR) Per P.K. Das; The applicant filed this application for waiver of predeposit of duty of Rs. 12,34,678/- along with interest and penalty for the period from April 1998 to March 2002. 2. Heard both sides and perused the records. 3. The applicant is engaged in the manufacture of iron casting materials. They supplied a portion of the finished goods to their other units a....

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....ndustries Ltd. Vs. CCE, Raigad - 2007 (209) ELT 185 (Tri. - LB) followed by the Tribunal in the case of Daman Ganga Board Mills Pvt. Ltd. Vs. CCE - 2012 (276) ELT 532. 5. The Larger Bench of the Tribunal in the case of Ispat Industries Ltd. (supra) held that the provisions of Rule 8 of the new Valuation Rules will not apply in a case where some part of the production is cleared to independent b....