https://www.taxtmi.com/caselaws?id=266996 Duty valuation on aluminium scrap could not be enhanced by unsupported estimated additions for loading and handling charges, ESIS-related insurance, or arbitrary increases in sale price. For the period before 01.07.2000, loading expenditure was includible only to the extent actually incurred and proved, and the record did not establish any such excess over invoice value. The proposed 8% ESIS addition had no nexus with goods valuation, and the department's figures were not backed by proper price analysis or investigation. As the demand rested on conjecture rather than cogent evidence, the penalty also failed and both were set aside. en-us Mon, 24 Aug 2015 00:00:00 +0530 Tue, 07 Feb 2017 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266996 Duty valuation on aluminium scrap could not be enhanced by unsupported estimated additions for loading and handling charges, ESIS-related insurance, or arbitrary increases in sale price. For the period before 01.07.2000, loading expenditure was includible only to the extent actually incurred and proved, and the record did not establish any such excess over invoice value. The proposed 8% ESIS addition had no nexus with goods valuation, and the department's figures were not backed by proper price analysis or investigation. As the demand rested on conjecture rather than cogent evidence, the penalty also failed and both were set aside. Case-Laws Central Excise Mon, 24 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266996