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    <title>2014 (6) TMI 341 - CESTAT NEW DELHI</title>
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    <description>Dealer-side advertisement reimbursement, excess transit insurance recovery, and bill-discounting interest were treated as post-sale or financing costs and not as part of assessable value, so they were excluded from valuation. Turnover tax deduction could not be decided on the existing record because the supporting documents and reconciliation method were not properly verified, so the issue was remanded for fresh examination. Reversal of Cenvat credit on written-off assets required asset-wise verification of whether credit had actually been taken, and a blanket reversal was impermissible, so that matter was also remanded. Cenvat credit on first-aid kits was allowed because they were treated as a statutory requirement and admissible input under the Cenvat regime.</description>
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    <pubDate>Fri, 05 Jul 2013 00:00:00 +0530</pubDate>
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      <title>2014 (6) TMI 341 - CESTAT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=248437</link>
      <description>Dealer-side advertisement reimbursement, excess transit insurance recovery, and bill-discounting interest were treated as post-sale or financing costs and not as part of assessable value, so they were excluded from valuation. Turnover tax deduction could not be decided on the existing record because the supporting documents and reconciliation method were not properly verified, so the issue was remanded for fresh examination. Reversal of Cenvat credit on written-off assets required asset-wise verification of whether credit had actually been taken, and a blanket reversal was impermissible, so that matter was also remanded. Cenvat credit on first-aid kits was allowed because they were treated as a statutory requirement and admissible input under the Cenvat regime.</description>
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      <pubDate>Fri, 05 Jul 2013 00:00:00 +0530</pubDate>
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