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This case deals with the determination of assessable value of goods at the factory gate, which were not sold but transferred to depots. The revenue failed to properly apply Rule 7 of the Central Excise Valuation Rules, 2000 by not adopting the correct sales price prevailing at the depots at or around the time of clearance from the factory. The short payment in the demand notice was due to incorrect application of depot sale invoices, applying the sale price of one depot to clearances meant for another depot. The Tribunal found no reason to interfere with the adjudicating authority's order, as it was based on correct verification of data, and no contrary data was provided by the revenue. The Tribunal upheld the impugned order and dismissed the revenue's appeal.
This case deals with the determination of assessable value of goods at the factory gate, which were not sold but transferred to depots. The revenue failed to properly apply Rule 7 of the Central Excise Valuation Rules, 2000 by not adopting the correct sales price prevailing at the depots at or around the time of clearance from the factory. The short payment in the demand notice was due to incorrect application of depot sale invoices, applying the sale price of one depot to clearances meant for another depot. The Tribunal found no reason to interfere with the adjudicating authority's order, as it was based on correct verification of data, and no contrary data was provided by the revenue. The Tribunal upheld the impugned order and dismissed the revenue's appeal.
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