https://www.taxtmi.com/caselaws?id=257493 In a job-work valuation dispute, excess and short payment of central excise duty could be adjusted against each other while determining net duty liability. The Tribunal found that the matter required factual verification of whether any excess duty had actually been collected from the raw material supplier, rather than a demand being sustained on an assumed basis. It distinguished cases involving suo motu adjustment of cenvat credit and ordinary sale transactions, and treated the appropriate course as reworking the duty after examining the actual collection position. The impugned order was set aside and the matter remanded for fresh determination of duty liability. en-us Tue, 01 Jul 2014 00:00:00 +0530 Fri, 13 Mar 2015 12:18:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257493 In a job-work valuation dispute, excess and short payment of central excise duty could be adjusted against each other while determining net duty liability. The Tribunal found that the matter required factual verification of whether any excess duty had actually been collected from the raw material supplier, rather than a demand being sustained on an assumed basis. It distinguished cases involving suo motu adjustment of cenvat credit and ordinary sale transactions, and treated the appropriate course as reworking the duty after examining the actual collection position. The impugned order was set aside and the matter remanded for fresh determination of duty liability. Case-Laws Central Excise Tue, 01 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257493