https://www.taxtmi.com/caselaws?id=259289 The Tribunal dismissed the Revenue's appeal against the Commissioner (Appeals) order regarding excise duty valuation for a diesel engine model. The Tribunal found that relying on inconsistent cost certificates was inappropriate and determined that the later certificate accurately represented the actual costs, resulting in a lower assessable value for duty payment. Emphasizing the importance of using accurate cost data, the Tribunal ruled in favor of the respondents, highlighting that the cost audit report better reflected the total production cost and dismissing the Revenue's appeal. en-us Tue, 03 Feb 2015 00:00:00 +0530 Tue, 11 Aug 2015 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259289 The Tribunal dismissed the Revenue's appeal against the Commissioner (Appeals) order regarding excise duty valuation for a diesel engine model. The Tribunal found that relying on inconsistent cost certificates was inappropriate and determined that the later certificate accurately represented the actual costs, resulting in a lower assessable value for duty payment. Emphasizing the importance of using accurate cost data, the Tribunal ruled in favor of the respondents, highlighting that the cost audit report better reflected the total production cost and dismissing the Revenue's appeal. Case-Laws Central Excise Tue, 03 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259289