https://www.taxtmi.com/caselaws?id=97255 The Appellate Tribunal CEGAT, New Delhi allowed the appeals in favor of the textile companies, setting aside the duty and penalties imposed. The Tribunal emphasized that the assessable value for duty payment should not include post-manufacturing profits and that demanding duty based on sale prices of related entities post a Supreme Court decision was unjustified. The show cause notice was deemed misdirected, leading to the entire proceedings being considered legally unsustainable. The judgment underscored the importance of correctly interpreting the legal position on assessable value for duty payment in line with established legal principles. en-us Wed, 29 Aug 2001 00:00:00 +0530 Mon, 16 Jan 2012 11:05:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97255 The Appellate Tribunal CEGAT, New Delhi allowed the appeals in favor of the textile companies, setting aside the duty and penalties imposed. The Tribunal emphasized that the assessable value for duty payment should not include post-manufacturing profits and that demanding duty based on sale prices of related entities post a Supreme Court decision was unjustified. The show cause notice was deemed misdirected, leading to the entire proceedings being considered legally unsustainable. The judgment underscored the importance of correctly interpreting the legal position on assessable value for duty payment in line with established legal principles. Case-Laws Central Excise Wed, 29 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97255