https://www.taxtmi.com/caselaws?id=245740 Credit notes issued for damage occurring after clearance did not alter the assessable value at the time of removal, so they could not reduce the excise duty liability on that basis. In the stay proceedings, the Tribunal also noted that the buyers were not availing Modvat credit and that any duty paid would be refunded and then used again for duty on fresh final products, supporting a revenue-neutral position. On that interim assessment, the appellants showed a prima facie case for complete waiver of pre-deposit and grant of unconditional stay. en-us Fri, 09 Sep 2011 00:00:00 +0530 Sat, 05 Apr 2014 18:34:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245740 Credit notes issued for damage occurring after clearance did not alter the assessable value at the time of removal, so they could not reduce the excise duty liability on that basis. In the stay proceedings, the Tribunal also noted that the buyers were not availing Modvat credit and that any duty paid would be refunded and then used again for duty on fresh final products, supporting a revenue-neutral position. On that interim assessment, the appellants showed a prima facie case for complete waiver of pre-deposit and grant of unconditional stay. Case-Laws Central Excise Fri, 09 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245740