https://www.taxtmi.com/caselaws?id=124046 The Tribunal upheld the decision of the lower authorities, ruling that a subsequent reduction in the price of goods after clearance does not impact the assessable value for a refund claim. The Tribunal emphasized the legal precedent set by the Supreme Court, stating that price fluctuations post-clearance do not affect the liability for excise duty. The appellant's argument that the refund was erroneously granted was dismissed, as the authorities correctly assessed the merit of the refund claim based on the law established by the Apex Court. The appeal was found to have no merit and was dismissed accordingly. en-us Tue, 15 Jul 2008 00:00:00 +0530 Wed, 20 Dec 2017 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124046 The Tribunal upheld the decision of the lower authorities, ruling that a subsequent reduction in the price of goods after clearance does not impact the assessable value for a refund claim. The Tribunal emphasized the legal precedent set by the Supreme Court, stating that price fluctuations post-clearance do not affect the liability for excise duty. The appellant's argument that the refund was erroneously granted was dismissed, as the authorities correctly assessed the merit of the refund claim based on the law established by the Apex Court. The appeal was found to have no merit and was dismissed accordingly. Case-Laws Central Excise Tue, 15 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124046