https://www.taxtmi.com/caselaws?id=272159 The Tribunal ruled in favor of the appellants in a case concerning the valuation of machineries cleared to job-workers and duty liability. The Tribunal found that the appellants correctly discharged duty liability by availing depreciation benefit as the machineries were used in manufacturing final products. It was established that the machineries were returned to the appellants after being used by the job-workers and that the depreciation claim was in accordance with relevant circulars. The Tribunal set aside the lower authorities' decisions, deeming them unsustainable, and allowed the appeal. en-us Mon, 11 Jan 2016 00:00:00 +0530 Mon, 17 Oct 2016 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272159 The Tribunal ruled in favor of the appellants in a case concerning the valuation of machineries cleared to job-workers and duty liability. The Tribunal found that the appellants correctly discharged duty liability by availing depreciation benefit as the machineries were used in manufacturing final products. It was established that the machineries were returned to the appellants after being used by the job-workers and that the depreciation claim was in accordance with relevant circulars. The Tribunal set aside the lower authorities' decisions, deeming them unsustainable, and allowed the appeal. Case-Laws Central Excise Mon, 11 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272159