https://www.taxtmi.com/caselaws?id=96109 Recovery of the confirmed excise duty demand was stayed pending appeal because the appellant established a strong prima facie case on the assessable value of unreserved molasses sold by open auction. The Tribunal applied the reasoning in Rana Sugar Mills, noting that price minutes from a State-level meeting had no statutory backing and that differential duty could not be sustained unless the Revenue showed realisation of an amount over and above the declared price. As the Revenue did not demonstrate that the State-fixed price had legal force, the stay was granted for the full duty demand during the appeal. en-us Tue, 27 Mar 2001 00:00:00 +0530 Sat, 17 Dec 2011 13:05:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96109 Recovery of the confirmed excise duty demand was stayed pending appeal because the appellant established a strong prima facie case on the assessable value of unreserved molasses sold by open auction. The Tribunal applied the reasoning in Rana Sugar Mills, noting that price minutes from a State-level meeting had no statutory backing and that differential duty could not be sustained unless the Revenue showed realisation of an amount over and above the declared price. As the Revenue did not demonstrate that the State-fixed price had legal force, the stay was granted for the full duty demand during the appeal. Case-Laws Central Excise Tue, 27 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96109