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Central Excise - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Method of Valuation - Transaction value or MRP based valuation - ...


Section 4A Extended to Retail Ball Bearings Without Evidence; Debate on Transaction vs. MRP Valuation Under Excise Laws.

October 9, 2018

Case Laws     Central Excise     AT

Method of Valuation - Transaction value or MRP based valuation - The department has stretched the provisions of law unnecessarily to include small quantities of ball bearings cleared on retail sale under the provisions of section 4A without substantiating such claim with some concrete evidences

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