https://www.taxtmi.com/caselaws?id=172738 The Appellate Tribunal CESTAT Chennai allowed all 15 appeals concerning the valuation of pipes for a turnkey project under the Central Excise Valuation Rules. The Tribunal held that the Department's adoption of indicative prices from the tender invitation document was not based on comparable values and could not be approved. As alternative rules were not applicable, the appellants' duty payment method based on the cost calculated as per CAS-4 with 15%/10% added was deemed appropriate. Consequently, all impugned orders were set aside, and the appeals were allowed, directing authorities to verify the appellants' duty computation. en-us Fri, 13 Nov 2009 00:00:00 +0530 Fri, 27 Jul 2018 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172738 The Appellate Tribunal CESTAT Chennai allowed all 15 appeals concerning the valuation of pipes for a turnkey project under the Central Excise Valuation Rules. The Tribunal held that the Department's adoption of indicative prices from the tender invitation document was not based on comparable values and could not be approved. As alternative rules were not applicable, the appellants' duty payment method based on the cost calculated as per CAS-4 with 15%/10% added was deemed appropriate. Consequently, all impugned orders were set aside, and the appeals were allowed, directing authorities to verify the appellants' duty computation. Case-Laws Central Excise Fri, 13 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172738