https://www.taxtmi.com/caselaws?id=120030 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the appellants, a small-scale assessee, in a dispute concerning the valuation of excisable goods. The Tribunal rejected the Revenue's insistence on including the full sale price of printing rollers in the valuation and instead emphasized the need to consider amortized costs in accordance with the Central Excise Act. It directed the involvement of a Cost Accountant and suggested the appointment of a Cost Auditor by the department to facilitate the redetermination process. The Tribunal allowed the appeal on the grounds of remand, emphasizing the importance of collaborative efforts with Cost Auditors for fair valuation and duty determination. en-us Tue, 07 Jun 2005 00:00:00 +0530 Mon, 16 Jul 2012 13:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120030 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the appellants, a small-scale assessee, in a dispute concerning the valuation of excisable goods. The Tribunal rejected the Revenue's insistence on including the full sale price of printing rollers in the valuation and instead emphasized the need to consider amortized costs in accordance with the Central Excise Act. It directed the involvement of a Cost Accountant and suggested the appointment of a Cost Auditor by the department to facilitate the redetermination process. The Tribunal allowed the appeal on the grounds of remand, emphasizing the importance of collaborative efforts with Cost Auditors for fair valuation and duty determination. Case-Laws Central Excise Tue, 07 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120030