https://www.taxtmi.com/caselaws?id=269955 The Tribunal ruled in favor of the appellant, a 100% Export Oriented Unit (EOU), in a dispute over the valuation of goods cleared in the Domestic Tariff Area (DTA). The Tribunal held that the assessable value should be based on the CIF value of similar goods imported into India, rather than the transaction value between the appellant and customers in India. This decision aligned with the Supreme Court's ruling in the Morarjee Brembana Ltd. case, emphasizing the correct valuation method for goods sold in the DTA by EOU. The Tribunal allowed the appellant's appeal and dismissed the Revenue's appeal. en-us Fri, 26 Jun 2015 00:00:00 +0530 Fri, 25 Dec 2015 12:22:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269955 The Tribunal ruled in favor of the appellant, a 100% Export Oriented Unit (EOU), in a dispute over the valuation of goods cleared in the Domestic Tariff Area (DTA). The Tribunal held that the assessable value should be based on the CIF value of similar goods imported into India, rather than the transaction value between the appellant and customers in India. This decision aligned with the Supreme Court's ruling in the Morarjee Brembana Ltd. case, emphasizing the correct valuation method for goods sold in the DTA by EOU. The Tribunal allowed the appellant's appeal and dismissed the Revenue's appeal. Case-Laws Central Excise Fri, 26 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269955