2005 (11) TMI 127

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....r per : Moheb Ali M., Member (T)]. - The application for waiver of pre-deposit of duty and penalties and stay of operation of the order of the Commissioner of Central Excise (Appeals) is filed by M/s. Axion Impex International Ltd. The applicant is a manufacturer of HDPE/FP yarn and ropes under 100% EOU Scheme. He had obtained permission from the Development Commissioner under Para 6.8(b) of the E....

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....egard to valuation of goods sold by an EOU in the domestic market, the Board, in its Circular No. 23/84-CX.-6 has prescribed certain guidelines. The guidelines clearly suggest that the export value of same or similar goods can be the basis for assessment of goods permitted to be sold in the domestic sale. The applicant has exported yarn manufactured by him to Norway and UAE. The price, at which th....