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2012 (11) TMI 772 - AT - Central ExciseValuation - what should be the value of in respect of inputs on which CENVAT/MODVAT Credit has been taken, are removed as such by the appellant to their sister concerns for use in the manufacture of final product – Held that:- Appellant had removed only the inputs as such and had reversed the CENVAT Credit taken on such inputs - no processing of whatsoever nature was done on such inputs - amount of Cenvat credit taken by the assessee, of the duty paid on the invoice value as shown in the invoice can be considered as correct assessable value and duty liability to be discharged – in favor of assessee. Decision in the case of Eicher Tractors v. C.C.E., Jaipur - [2005 (9) TMI 340 - CESTAT, NEW DELHI], followed.
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