2002 (3) TMI 114

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....C.N.B. Nair, Member (T)]. - This appeal of the Revenue is directed against Order-in-Appeal No. 233 (KDT) CE/JPR-I (129) 2001, dated 24-4-2001 of the Commissioner (Appeals), Central Excise, Jaipur. The Commissioner quashed the order of the lower authority demanding interest of over Rs. 12 lakhs from the respondent assessee M/s. K.E.C. International Ltd., Jaipur. The ground for setting aside the ord....

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.... and not on acceptance of the increased sale price by the purchaser. The appeal goes on to say that since the appellant did not disclose information about the raising of price variation bills, the case involved suppression of facts. 3. We have perused the records and have heard both sides. The facts of the case are that the appellant was a supplier of transmission Line Towers and parts thereof ....

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.... on the ground that the seller has raised a bill. Instead, they contend that the increased price becomes valid only after such increase is accepted by the buyer of the goods. Therefore, they submit that the duty became due in the present case only upon acceptance of the higher price by the buyer and payment of the same. The learned Counsel for the assessee stressed that since the appellant volunta....