https://www.taxtmi.com/caselaws?id=335575 The Tribunal upheld the Commissioner (Appeals) order allowing a profit margin on traded items in the valuation of excisable metallic items used in the manufacture of Fuse Switch Units. The Revenue's appeal was dismissed as they failed to provide a legal basis for disallowing the profit margin. The Tribunal emphasized the lack of evidence of manipulation or incorrect invoicing and highlighted the importance of considering profit margins in such valuation determinations. The original order favoring the appellant was upheld, emphasizing the need for a solid legal basis in excise duty valuation cases. en-us Wed, 23 Nov 2016 00:00:00 +0530 Tue, 20 Dec 2016 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335575 The Tribunal upheld the Commissioner (Appeals) order allowing a profit margin on traded items in the valuation of excisable metallic items used in the manufacture of Fuse Switch Units. The Revenue's appeal was dismissed as they failed to provide a legal basis for disallowing the profit margin. The Tribunal emphasized the lack of evidence of manipulation or incorrect invoicing and highlighted the importance of considering profit margins in such valuation determinations. The original order favoring the appellant was upheld, emphasizing the need for a solid legal basis in excise duty valuation cases. Case-Laws Central Excise Wed, 23 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335575