https://www.taxtmi.com/caselaws?id=172760 The Tribunal set aside the Order-in-Original, allowing the appeal by the manufacturers of water purifying equipment in a dispute over valuation method for spares sold to their parent company. The Tribunal upheld the Cost Construction Method of Valuation under Rule 8, finding it applicable to the assessable value of the spares. Consequently, the differential duty and penalties demanded by the Revenue were dismissed, granting necessary relief to the appellants. en-us Fri, 20 Mar 2009 00:00:00 +0530 Fri, 28 Aug 2015 15:44:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172760 The Tribunal set aside the Order-in-Original, allowing the appeal by the manufacturers of water purifying equipment in a dispute over valuation method for spares sold to their parent company. The Tribunal upheld the Cost Construction Method of Valuation under Rule 8, finding it applicable to the assessable value of the spares. Consequently, the differential duty and penalties demanded by the Revenue were dismissed, granting necessary relief to the appellants. Case-Laws Central Excise Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172760