https://www.taxtmi.com/caselaws?id=123645 The Appellate Tribunal CESTAT, Kolkata ruled in favor of the appellant regarding the valuation of impugned gases supplied to a sister unit, emphasizing the need to consider the value of comparable goods for valuation purposes. The tribunal set aside the order confirming differential duty due to incorrect valuation. Additionally, the tribunal reduced the penalty amount imposed for the stock shortage, acknowledging the circumstances and adjusting the penalty to Rs. 10,000 from Rs. 1,67,166. en-us Wed, 27 Feb 2008 00:00:00 +0530 Mon, 11 Sep 2017 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123645 The Appellate Tribunal CESTAT, Kolkata ruled in favor of the appellant regarding the valuation of impugned gases supplied to a sister unit, emphasizing the need to consider the value of comparable goods for valuation purposes. The tribunal set aside the order confirming differential duty due to incorrect valuation. Additionally, the tribunal reduced the penalty amount imposed for the stock shortage, acknowledging the circumstances and adjusting the penalty to Rs. 10,000 from Rs. 1,67,166. Case-Laws Central Excise Wed, 27 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123645