https://www.taxtmi.com/caselaws?id=208857 The Tribunal set aside the Commissioner (Appeals) decision, ruling that the value of magnets should not be included in the assessable value of EOT cranes for central excise duty calculation. The decision was based on the lack of concrete evidence supporting the presumption that the magnets were attached to the cranes before clearance from the factory premises. The Tribunal emphasized the importance of factual evidence in determining duty liabilities and highlighted the need for thorough verification to ensure fair assessments in tax-related disputes. en-us Wed, 23 Feb 2011 00:00:00 +0530 Wed, 01 Feb 2012 06:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208857 The Tribunal set aside the Commissioner (Appeals) decision, ruling that the value of magnets should not be included in the assessable value of EOT cranes for central excise duty calculation. The decision was based on the lack of concrete evidence supporting the presumption that the magnets were attached to the cranes before clearance from the factory premises. The Tribunal emphasized the importance of factual evidence in determining duty liabilities and highlighted the need for thorough verification to ensure fair assessments in tax-related disputes. Case-Laws Central Excise Wed, 23 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208857