Per K.S. Venkataramani, Member: This appeal is directed against the order dated 27.2.1987 passed by Collector of Central Excise (Appeals), Bombay. The facts briefly are as follows:-

M/s. International Computers (India) Manufacturing Co. Limited are engaged in the manufacture of office machines and apparatus and computers falling under tariff item 33D and 33DD respectively of the Central Excise Tariff. The goods are assessable to duty on advalorem basis. The appellants filed price lists and had claimed deductions on account of marketing and administration costs, finance costs, selling Profits, and excise duty. In addition they submitted that packing is entirely to the account of the buyer and, therefore, does not form part of the assessable value and is, therefore, not shown in the price. The price lists were approved provisionally. After the pronouncement of the judgment by the Hon'ble Supreme Court in the Bombay Tyre International case, the Assistant Collector proceeded to finalise the price lists and show cause notices had been issued which intended to disallow the deductions claimed in account of marketing and administration costs, finance costs, selling profit etc., the Ass