2020 (3) TMI 833

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....h Kumar Agarwal, Authorized Representative for Respondent ORDER ARCHANA WADHWA Nobody is present on behalf of the appellant in spite of the matter having been fixed well in advance. It is also seen that the appellants were either unrepresented or sought adjournments on the previous dates. Accordingly, we have heard learned A.R. and have gone through the impugned order. 2. As per facts on recor....

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.... goods, includible in assessable value - Proposition that such inclusion need not be made when after successive income tax depreciation cost of the moulds become zero, not acceptable - Such depreciation is a matter between assessee and Income-tax Department and it cannot affect excise valuation - Section 4 of Central Excise Act, 1944 - Rule 5 of Central Excise (Valuation) Rules, 1975." Further re....