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2020 (2) TMI 180 - AT - Central ExciseValuation - inclusion of amortization cost of the mould in the manufacturing cost of the finished goods viz. articles of plastic - whether the amortization cost of the moulds be added @ 0.66% as observed by the learned Commissioner (Appeals) or @ 1.75% to cost of manufacture of plastic articles? - HELD THAT:- The said amortization percentage has been arrived at based on the Chartered Accountatn’s certificate and no contrary evidence has been placed by the Revenue to rebut the said finding of the learned Commissioner (Appeals). Also, the amount involved in the present appeal if calculated taking the revised amortization cost of mould @ 1.75% would definitely be less than ₹ 50.00 lakhs, hence covered by the Litigation Policy Circular dated 22.08.2019. Appeal dismissed - decided against Revenue.
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