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Central Excise - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Denial of refund claim - reduction in price / transaction value ...


Refund Approved After Price Adjustment Due to Delayed Goods Delivery; Liquidated Damages Imposed by MTNL/BSNL/DoT.

November 20, 2015

Case Laws     Central Excise     AT

Denial of refund claim - reduction in price / transaction value due to delay in delivery of manufactured goods - liquidated damage charges imposed by MTNL/BSNL/DoT on delayed supplies by the assessee - the resultant price would be the transaction value - refund allowed - AT

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