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of <h1>Appellate Tribunal rules on inclusion of modvat credit in assessable value in job work case</h1> The Appellate Tribunal CESTAT, Ahmedabad, set aside the Commissioner (Appeals) order on the inclusion of modvat credit in the assessable value of goods ... Valuation The Appellate Tribunal CESTAT, Ahmedabad, in the case of Ms. Archana Wadhwa v. Shri B.S.V. Murthy, decided to set aside the Commissioner (Appeals) order regarding the inclusion of modvat credit in assessable value of goods manufactured on job work basis. The Tribunal referred to the Larger Bench decision in Dai Ichi Karkaria Ltd. case and remanded the matter for fresh decision. Stay petition and appeal were disposed of.
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