https://www.taxtmi.com/caselaws?id=331971 Excise duty demand was found unsustainable where the Revenue failed to prove manufacture of the disputed goods in the assessee's premises. The record accepted that the other brand owner had its own manufacturing setup, that certain machinery was shared, and that some goods were sent only for completion of process. Valuation was also rejected as arbitrary because it was based on a seized price list rather than actual transaction value. In the absence of documentary proof of manufacture and reliable valuation material, the duty demand, interest, and penalties could not be sustained. en-us Fri, 12 Aug 2016 00:00:00 +0530 Tue, 27 Sep 2016 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331971 Excise duty demand was found unsustainable where the Revenue failed to prove manufacture of the disputed goods in the assessee's premises. The record accepted that the other brand owner had its own manufacturing setup, that certain machinery was shared, and that some goods were sent only for completion of process. Valuation was also rejected as arbitrary because it was based on a seized price list rather than actual transaction value. In the absence of documentary proof of manufacture and reliable valuation material, the duty demand, interest, and penalties could not be sustained. Case-Laws Central Excise Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331971