https://www.taxtmi.com/caselaws?id=241141 Royalty paid for extraction of coal was treated as part of the direct cost of producing and making coal marketable, so the Tribunal recorded a prima facie view that it could be included in the transaction value for excise duty. It reasoned that sale consideration was based on the total extraction cost and that excluding royalty would understate value and prejudice revenue. On the pending pre-deposit issue, the Tribunal required compliance by way of deposit and kept the remaining demand issue open for further hearing. en-us Tue, 05 Mar 2013 00:00:00 +0530 Wed, 18 Dec 2013 08:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241141 Royalty paid for extraction of coal was treated as part of the direct cost of producing and making coal marketable, so the Tribunal recorded a prima facie view that it could be included in the transaction value for excise duty. It reasoned that sale consideration was based on the total extraction cost and that excluding royalty would understate value and prejudice revenue. On the pending pre-deposit issue, the Tribunal required compliance by way of deposit and kept the remaining demand issue open for further hearing. Case-Laws Central Excise Tue, 05 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241141