https://www.taxtmi.com/caselaws?id=93448 The Tribunal found in favor of M/s. Onida Savak Ltd., setting aside penalties imposed and remanding the matter for a fresh decision on the computation of duty payable. The Commissioner was instructed to reevaluate the duty, considering the deduction of discounts to determine the correct assessable value for excise duty calculation. Compliance with legal principles and providing a reasonable opportunity for the appellants to present their case were emphasized, with a three-month deadline set for completion. en-us Fri, 10 Mar 2000 00:00:00 +0530 Thu, 30 May 2019 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93448 The Tribunal found in favor of M/s. Onida Savak Ltd., setting aside penalties imposed and remanding the matter for a fresh decision on the computation of duty payable. The Commissioner was instructed to reevaluate the duty, considering the deduction of discounts to determine the correct assessable value for excise duty calculation. Compliance with legal principles and providing a reasonable opportunity for the appellants to present their case were emphasized, with a three-month deadline set for completion. Case-Laws Central Excise Fri, 10 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93448