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2013 (12) TMI 1084 - CESTAT KOLKATADetermination of Assessable value - Waiver of Pre-deposit – Held that:- Following Ispat Industries Ltd. VS. Commr. of Central Excise, Raigad [2007 (2) TMI 5 - CESTAT, MUMBAI] - the assessable value of stock transferred goods should be determined as per the price at which such goods were sold to independent buyers - it cannot be denied that the price at which the goods were sold to independent buyers ought to be adopted for the purposes of determination of assessable value of goods, captively consumed as well as cleared to sister unit on stock transfer basis – applicant directed to submit Rupees two crores as Pre-deposit – upon such submission rest of the duty to be waived till the disposal – Stay granted.
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