Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2011 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (4) TMI 532 - AT - Central ExciseAECL was receiving inputs from BAL which under-valued the landed cost by not including expenses on account of Sales Tax, freight, insurance, loading/unloading charges and handling charges and that BAL was charging only the basic price of such inputs equal to basic price charged by the original manufacturer of the said inputs to BAL. - allegation of undervaluation - Held that:- Commercial invoice has been issued by M/s BAL, which shows the price the freight and Sales Tax have also been charged extra. Therefore the allegation in the SCN is not based on the commercial invoice which is relevant for arriving at the costing of the finished goods cleared by M/s AECL. - decided in favour of Assessee.
|