https://www.taxtmi.com/caselaws?id=254066 On clearance of duty-paid parts free of charge to meet warranty obligations, reversal of the credit already taken was treated as sufficient compliance under Rule 57AB(1C). The attempt to determine duty by reference to the value of similar goods sold from the warehouse was rejected because those warehouse sales concerned spare parts sold for a different purpose and at a different commercial stage. A prior decision involving goods actually resold by a sister concern was held factually distinct and inapplicable. The demand based on re-determination of value was therefore set aside, and the assessee's position was accepted. en-us Fri, 07 Mar 2014 00:00:00 +0530 Tue, 12 May 2015 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254066 On clearance of duty-paid parts free of charge to meet warranty obligations, reversal of the credit already taken was treated as sufficient compliance under Rule 57AB(1C). The attempt to determine duty by reference to the value of similar goods sold from the warehouse was rejected because those warehouse sales concerned spare parts sold for a different purpose and at a different commercial stage. A prior decision involving goods actually resold by a sister concern was held factually distinct and inapplicable. The demand based on re-determination of value was therefore set aside, and the assessee's position was accepted. Case-Laws Central Excise Fri, 07 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254066