https://www.taxtmi.com/caselaws?id=110688 The Tribunal set aside the Commissioner of Central Excise (Appeals)'s order, ruling in favor of the appellant. The appeal centered on the refusal to consider credit notes issued by SAIL, leading to an incorrect duty demand calculation. The appellant argued that rebates should be deducted in cost calculations as per accounting principles, which the Cost Auditor failed to do. The Tribunal found that the rebate should have been deducted, invalidating the duty demand. The decision highlighted the importance of including credit notes and rebates in cost calculations for accurate duty demands. en-us Tue, 27 Jan 2004 00:00:00 +0530 Wed, 18 Apr 2012 12:05:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110688 The Tribunal set aside the Commissioner of Central Excise (Appeals)'s order, ruling in favor of the appellant. The appeal centered on the refusal to consider credit notes issued by SAIL, leading to an incorrect duty demand calculation. The appellant argued that rebates should be deducted in cost calculations as per accounting principles, which the Cost Auditor failed to do. The Tribunal found that the rebate should have been deducted, invalidating the duty demand. The decision highlighted the importance of including credit notes and rebates in cost calculations for accurate duty demands. Case-Laws Central Excise Tue, 27 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110688