https://www.taxtmi.com/caselaws?id=190264 For DTA clearances by a 100% EOU, assessable value is determined by the domestic transaction value under the valuation rules, not by the FOB export value of the same goods. The analysis notes that the earlier departmental circular supporting export-price-based valuation had been displaced by later Tribunal decisions and withdrawn by the Board, while the applicable circular allowed acceptance of transaction value if it satisfied the valuation rule. In the absence of evidence that the declared domestic sale price was below contemporaneous import prices of similar goods, the demand, interest, and penalty were not sustainable. en-us Fri, 20 Feb 2015 00:00:00 +0530 Thu, 09 Feb 2017 22:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190264 For DTA clearances by a 100% EOU, assessable value is determined by the domestic transaction value under the valuation rules, not by the FOB export value of the same goods. The analysis notes that the earlier departmental circular supporting export-price-based valuation had been displaced by later Tribunal decisions and withdrawn by the Board, while the applicable circular allowed acceptance of transaction value if it satisfied the valuation rule. In the absence of evidence that the declared domestic sale price was below contemporaneous import prices of similar goods, the demand, interest, and penalty were not sustainable. Case-Laws Central Excise Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190264