https://www.taxtmi.com/caselaws?id=338556 The Tribunal set aside the Commissioner's decision and allowed the appeal in favor of the manufacturing company. The Tribunal accepted the company's reduced overhead charges of 100%, supported by a Chartered Accountant's certificate and previous audit verification, rejecting the Department's claim of 300% overhead charges due to lack of evidence. The judgment underscores the significance of accurate cost data and proper documentation in determining valuation methods for duty assessment in manufacturing contexts, emphasizing the role of professional certifications and departmental verification. en-us Mon, 30 Jan 2017 00:00:00 +0530 Fri, 25 Aug 2017 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338556 The Tribunal set aside the Commissioner's decision and allowed the appeal in favor of the manufacturing company. The Tribunal accepted the company's reduced overhead charges of 100%, supported by a Chartered Accountant's certificate and previous audit verification, rejecting the Department's claim of 300% overhead charges due to lack of evidence. The judgment underscores the significance of accurate cost data and proper documentation in determining valuation methods for duty assessment in manufacturing contexts, emphasizing the role of professional certifications and departmental verification. Case-Laws Central Excise Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338556