https://www.taxtmi.com/caselaws?id=112735 The Tribunal ruled in favor of the appellant, waiving the pre-deposit requirement of duty and penalty amounting to Rs. 67,48,720/- each. The case involved the inclusion of expenses in the assessable value of goods cleared by one unit to another, with the contention that the demand for the period in question was time-barred due to Modvat credit availability. Citing legal precedents, the Tribunal accepted the argument of revenue neutrality through Modvat credit, leading to the waiver of pre-deposit and a stay on recovery pending the appeal. en-us Tue, 07 Oct 2003 00:00:00 +0530 Tue, 01 May 2012 15:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112735 The Tribunal ruled in favor of the appellant, waiving the pre-deposit requirement of duty and penalty amounting to Rs. 67,48,720/- each. The case involved the inclusion of expenses in the assessable value of goods cleared by one unit to another, with the contention that the demand for the period in question was time-barred due to Modvat credit availability. Citing legal precedents, the Tribunal accepted the argument of revenue neutrality through Modvat credit, leading to the waiver of pre-deposit and a stay on recovery pending the appeal. Case-Laws Central Excise Tue, 07 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112735