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2018 (10) TMI 1273 - AT - Central ExciseValuation - by products - determination of the value for assessment of goods utilized captively - Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 - Held that:- Tribunal in HM Polycontainer Ltd. v. Commissioner of Central Excise [2010 (6) TMI 444 - CESTAT, MUMBAI] to the effect that transaction value after abating expenses of the assessee is also on acceptable basis of computation even under rule 8 and find no law in the valuation adopted by assessee - Hon’ble High Court of Bombay in Commissioner of Central Excise, Customs & Service Tax, Vapi v. Tarapur Grease India Pvt. Ltd [2015 (11) TMI 1168 - BOMBAY HIGH COURT] has held that the principles of revenue neutrality would apply for recovery of duty sought by the Revenue - appeal allowed - decided in favor of appellant.
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