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2017 (1) TMI 1353 - CESTAT CHANDIGARHValuation - petroleum products cleared from terminal point to company owned and company operated (COCO) outlets - Rule 7 - Held that: - provisions of Rule 7 are not attracted, in the light of the Larger Bench decision of the Tribunal in Ispat Industries Ltd. vs. CCE, Raigad [2007 (209) ELT 185], wherein it has been held that transfer of part of production to another plant of the same assessee and balance production sold to independent buyers would not attract Rule 8 of Central Excise Valuation Rules, 2000 which is applicable only in a situation where entire production of a particular commodity is captively consumed - appeal allowed - decided in favor of appellant.
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