https://www.taxtmi.com/caselaws?id=221552 The Tribunal upheld the Commissioner (Appeals) order in favor of the respondents in a case concerning the valuation of captively consumed molasses for excise duty purposes. The Revenue's appeal was dismissed as there was insufficient evidence to establish that the molasses consumed were of the same grade as the basis for demanding duty. The Tribunal found that the duty should be based on the value of comparable goods produced by other assesses, but since there was no proof that the molasses were of A grade, the appeal by the Revenue was rejected, and the Commissioner (Appeals) order was upheld. en-us Thu, 13 Sep 2012 00:00:00 +0530 Mon, 18 Mar 2013 15:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221552 The Tribunal upheld the Commissioner (Appeals) order in favor of the respondents in a case concerning the valuation of captively consumed molasses for excise duty purposes. The Revenue's appeal was dismissed as there was insufficient evidence to establish that the molasses consumed were of the same grade as the basis for demanding duty. The Tribunal found that the duty should be based on the value of comparable goods produced by other assesses, but since there was no proof that the molasses were of A grade, the appeal by the Revenue was rejected, and the Commissioner (Appeals) order was upheld. Case-Laws Central Excise Thu, 13 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221552