Valuation - Levy of interest and penalty - since the Revenue ...

Case Laws Central Excise

December 10, 2022

Valuation - Levy of interest and penalty - since the Revenue itself appeared to be unclear on the correct method of valuation of the goods, it is not appropriate to saddle the Respondent with additional liability, namely, other than the excise duty. - The demand made by the Appellant is confirmed, we do not approve the levy of interest and penalties upon the Respondent, and direct that these amounts be reduced from the total recoverable amount from the Assessee. - SC

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Valuation - Levy of interest and penalty - since the Revenue ...

Case Laws Central Excise

December 10, 2022

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