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2018 (2) TMI 632 - AT - Central ExciseValuation - includibility - miscellaneous income under the various components like scrap sale, drum sale to the employees - CENVAT credit - compensation received by the appellant for supplying inferior quality of ink - Held that: - the miscellaneous income was adhoc income which was generated by selling the scrap like sale of old drums and furniture, etc - appellant has also received advances from the customers which was not return during the period under consideration but remained as outstanding in the balancesheet - the said income cannot be added to the value of final products. CENVAT credit - Compensation received by the appellant for supplying inferior quality of ink - Held that: - The compensation is a regular activity and this was an income of the appellant which was to be added to the value of the goods. The Commissioner has rightly asked the appellant to reverse the credit on this amount. Appeal dismissed.
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