https://www.taxtmi.com/caselaws?id=253386 The Court ruled in favor of the petitioner, finding the show cause notice for excise duty on molasses valuation unsustainable due to lack of proper assessment and failure to consider material characteristics. Emphasizing the need for fair valuation based on comparable goods and proper adjustments, the Court criticized the respondent for inconsistency in treatment and highlighted the importance of judicial discipline in decision-making. The burden of proof was placed on the proper officer to ensure fairness in valuation, ultimately leading to a judgment in favor of the petitioner. en-us Wed, 09 Apr 2014 00:00:00 +0530 Sat, 22 Nov 2014 11:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253386 The Court ruled in favor of the petitioner, finding the show cause notice for excise duty on molasses valuation unsustainable due to lack of proper assessment and failure to consider material characteristics. Emphasizing the need for fair valuation based on comparable goods and proper adjustments, the Court criticized the respondent for inconsistency in treatment and highlighted the importance of judicial discipline in decision-making. The burden of proof was placed on the proper officer to ensure fairness in valuation, ultimately leading to a judgment in favor of the petitioner. Case-Laws Central Excise Wed, 09 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253386