https://www.taxtmi.com/caselaws?id=325297 The Tribunal upheld the order confirming a differential duty demand of Rs. 56,369 against the appellant, ruling that the goods cleared from the depot at a higher price than the factory clearance duty value were subject to the additional duty. The Tribunal found that Rule 5 and Rule 7 of the Central Excise Valuation Rules were correctly applied, determining that the appellant's belief regarding the duty value was unreasonable. The appeal was dismissed, emphasizing the unambiguous application of the Valuation Rules in determining the duty payable value. en-us Fri, 04 Mar 2016 00:00:00 +0530 Wed, 16 Mar 2016 10:11:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325297 The Tribunal upheld the order confirming a differential duty demand of Rs. 56,369 against the appellant, ruling that the goods cleared from the depot at a higher price than the factory clearance duty value were subject to the additional duty. The Tribunal found that Rule 5 and Rule 7 of the Central Excise Valuation Rules were correctly applied, determining that the appellant's belief regarding the duty value was unreasonable. The appeal was dismissed, emphasizing the unambiguous application of the Valuation Rules in determining the duty payable value. Case-Laws Central Excise Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325297