https://www.taxtmi.com/caselaws?id=124480 The Appellate Tribunal CESTAT, AHMEDABAD found in favor of the appellant in a case involving the calculation of excise duty on goods cleared to a sister concern without submitting a cost certificate in CAS-4 format. The Tribunal ruled that the demand was time-barred and accepted the appellant's argument that the duty paid was based on the value of comparable goods sold to independent buyers, justifying the higher price. The penalty on the director was contested successfully as no goods were deemed liable for confiscation. The appeals were allowed, providing consequential relief to the appellants due to the time-barred demand issue. en-us Fri, 07 Nov 2008 00:00:00 +0530 Sat, 29 Sep 2012 18:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124480 The Appellate Tribunal CESTAT, AHMEDABAD found in favor of the appellant in a case involving the calculation of excise duty on goods cleared to a sister concern without submitting a cost certificate in CAS-4 format. The Tribunal ruled that the demand was time-barred and accepted the appellant's argument that the duty paid was based on the value of comparable goods sold to independent buyers, justifying the higher price. The penalty on the director was contested successfully as no goods were deemed liable for confiscation. The appeals were allowed, providing consequential relief to the appellants due to the time-barred demand issue. Case-Laws Central Excise Fri, 07 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124480