https://www.taxtmi.com/caselaws?id=185467 Fresh valuation of inputs cleared as such could not be sustained by adding landing cost, incidental expenses and profit where credit had been reversed or an equivalent amount paid under the CENVAT scheme. On remand, the adjudicating authority was bound to apply the Larger Bench ruling identified in the remand order and could not reject that precedent by relying on Board circulars without recording a legally tenable distinction. The Tribunal held that the authority had travelled beyond the remand directions, so the demand failed and the impugned order was set aside. en-us Wed, 07 Oct 2015 00:00:00 +0530 Mon, 14 Nov 2016 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185467 Fresh valuation of inputs cleared as such could not be sustained by adding landing cost, incidental expenses and profit where credit had been reversed or an equivalent amount paid under the CENVAT scheme. On remand, the adjudicating authority was bound to apply the Larger Bench ruling identified in the remand order and could not reject that precedent by relying on Board circulars without recording a legally tenable distinction. The Tribunal held that the authority had travelled beyond the remand directions, so the demand failed and the impugned order was set aside. Case-Laws Central Excise Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185467