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Central Excise - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

Valuation - central excise - The Revenue cannot pick only those ...


Revenue Must Consider All Depot Sale Rates for Fair Excise Valuation, Not Just Higher Priced Goods.

January 17, 2012

Case Laws     Central Excise     AT

Valuation - central excise - The Revenue cannot pick only those matters where the goods were sold at higher rates from the depot and ignore the clearances which were ultimately sold at a lower value, though the duty was paid at the higher assessable value - Hence , that such excess payment and short payment have to be neutralised.... - AT

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