https://www.taxtmi.com/caselaws?id=3654 The appeal was successful as the court ruled in favor of the appellants in a case concerning the demand for a differential duty on goods cleared to a holding-company. The court determined that Rule 8 should govern the assessment of the assessable value in this scenario, setting it at 115% of the cost of production. As the appellants had already paid duty based on this value, no additional duty was deemed recoverable. Consequently, the impugned order was set aside, and the appeal was allowed in favor of the appellants, with consequential reliefs granted. en-us Tue, 13 Nov 2007 00:00:00 +0530 Mon, 21 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3654 The appeal was successful as the court ruled in favor of the appellants in a case concerning the demand for a differential duty on goods cleared to a holding-company. The court determined that Rule 8 should govern the assessment of the assessable value in this scenario, setting it at 115% of the cost of production. As the appellants had already paid duty based on this value, no additional duty was deemed recoverable. Consequently, the impugned order was set aside, and the appeal was allowed in favor of the appellants, with consequential reliefs granted. Case-Laws Central Excise Tue, 13 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3654