2000 (9) TMI 139

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....ded in the present appeal is as to whether the appellants are entitled to claim deduction towards interest on receivables for determination of assessable value of the appellants' products. As per the appellants they are selling their goods to their customs on credit terms. No separate interest was being charged by them from their buyers for the credit period and the interest element was included i....

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....tion of fact. 4.Shri Bagaria, ld. Advocate appearing for the appellant submits that the said issue is covered by the Supreme Court's Order dated 2-8-1999 when the appeal filed by the Revenue against Tribunal's order No. A-1072 dated 17-12-1998 was dismissed by the Hon'ble Supreme Court. Drawing our attention to the memo of appeal filed by the C.C.E., Calcutta, he submits that it was the contentio....

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....E.L.T. 676 (Tri.) = 1999 (34) RLT 85 - VST Industries Ltd. v. C.C.E. (iii) 1998 (102) E.L.T. 214 - G. Claridge & Co. Ltd. v. C.C.E. (iv) 1997 (93) E.L.T. 698 - Jay Chemical Industries v. C.C.E. 6.We have also heard Shri R.K. Roy, ld. JDR who supports the orders of the authorities below. 7We find that apart from the fact that the. Commissioner, Calcutta appeal against the earlier decision of ....