2010 (4) TMI 1043

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....he Tribunal relying upon the portion mentioned in the show cause notice reading as under : Shri Punjabi admitted that the value of grey fabrics as shown in the aforesaid bills was correct and higher compared to the value declared for the fabrics processed from such grey fabrics. He also agreed to pay the differential Central Excise duty on the revised assessable value, in all such cases where t....

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....re the department is in possession of such grey bills showing higher value, after taking into account the actual grey value as per the grey bills. However, he added that M/s. Madhu Tex Industry have paid duty on the lower assessable value on the basis of instructions from the Merchant Manufacturers. They were under the impression that whatever documents/bill are submitted by them were in order. On....