https://www.taxtmi.com/caselaws?id=329164 The Tribunal allowed the appeal, ruling that liquidated damages should be deducted from the assessable value for central excise duty payment. The excess duty paid due to the non-deduction of liquidated damages is deemed refundable to the appellant, based on the interpretation of the transaction value concept under Section 4(3)(d) of the Central Excise Act. The decision aligned with precedents and CESTAT's Larger Bench rulings, providing consequential relief to the appellant. en-us Mon, 13 Jun 2016 00:00:00 +0530 Thu, 23 Jun 2016 13:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329164 The Tribunal allowed the appeal, ruling that liquidated damages should be deducted from the assessable value for central excise duty payment. The excess duty paid due to the non-deduction of liquidated damages is deemed refundable to the appellant, based on the interpretation of the transaction value concept under Section 4(3)(d) of the Central Excise Act. The decision aligned with precedents and CESTAT's Larger Bench rulings, providing consequential relief to the appellant. Case-Laws Central Excise Mon, 13 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329164