https://www.taxtmi.com/caselaws?id=247101 The Tribunal ruled in favor of the appellants, manufacturers of Electricity Distribution Transformers, in a dispute concerning the assessable value for duty levy. The Revenue's attempt to increase the value under Central Excise Valuation Rules was rejected due to insufficient evidence and lack of justification for including additional cost elements. Allegations of suppression and mis-declaration were deemed unsupported. The Tribunal allowed the appeals, granting relief to the appellants as the Revenue failed to substantiate the need for a higher assessable value. en-us Thu, 30 Jan 2014 00:00:00 +0530 Tue, 29 Apr 2014 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247101 The Tribunal ruled in favor of the appellants, manufacturers of Electricity Distribution Transformers, in a dispute concerning the assessable value for duty levy. The Revenue's attempt to increase the value under Central Excise Valuation Rules was rejected due to insufficient evidence and lack of justification for including additional cost elements. Allegations of suppression and mis-declaration were deemed unsupported. The Tribunal allowed the appeals, granting relief to the appellants as the Revenue failed to substantiate the need for a higher assessable value. Case-Laws Central Excise Thu, 30 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247101