https://www.taxtmi.com/caselaws?id=336615 The Tribunal ruled in favor of the appellant, finding that the Revenue's addition of 15% to the value of goods transferred under Rule 8 of the Central Excise Valuation Rules, 2000 was incorrect as it did not rely on a CAS4 certificate by a Cost Accountant. The Tribunal held that Rule 8 required the assessable value to be based on the cost of manufacture, which necessitated the use of the CAS4 certificate. Additionally, the Tribunal determined that the show cause notice was flawed and time-barred, as all transactions were properly reported, leading to the appeal being allowed and the previous orders set aside. en-us Thu, 13 Oct 2016 00:00:00 +0530 Tue, 30 Jan 2018 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336615 The Tribunal ruled in favor of the appellant, finding that the Revenue's addition of 15% to the value of goods transferred under Rule 8 of the Central Excise Valuation Rules, 2000 was incorrect as it did not rely on a CAS4 certificate by a Cost Accountant. The Tribunal held that Rule 8 required the assessable value to be based on the cost of manufacture, which necessitated the use of the CAS4 certificate. Additionally, the Tribunal determined that the show cause notice was flawed and time-barred, as all transactions were properly reported, leading to the appeal being allowed and the previous orders set aside. Case-Laws Central Excise Thu, 13 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336615