https://www.taxtmi.com/caselaws?id=93469 The Appellate Tribunal CEGAT, New Delhi, ruled in favor of the appellant, setting aside the orders of the lower authorities. The Tribunal held that the show cause notice lacked jurisdiction to include certain expenditures in the assessable value under the Central Excise Act. Additionally, the Tribunal determined that penalties under Section 11AC could not be imposed for transactions predating its enactment. Consequently, the Tribunal quashed the proceedings initiated based on the show cause notice and allowed the appeal, emphasizing the importance of jurisdiction and limitations on retroactive penalties under Section 11AC. en-us Fri, 12 May 2000 00:00:00 +0530 Fri, 11 Nov 2011 16:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93469 The Appellate Tribunal CEGAT, New Delhi, ruled in favor of the appellant, setting aside the orders of the lower authorities. The Tribunal held that the show cause notice lacked jurisdiction to include certain expenditures in the assessable value under the Central Excise Act. Additionally, the Tribunal determined that penalties under Section 11AC could not be imposed for transactions predating its enactment. Consequently, the Tribunal quashed the proceedings initiated based on the show cause notice and allowed the appeal, emphasizing the importance of jurisdiction and limitations on retroactive penalties under Section 11AC. Case-Laws Central Excise Fri, 12 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93469