https://www.taxtmi.com/caselaws?id=339275 The Tribunal allowed the appeal, setting aside the Commissioner's decision on the assessable value of films transferred to a sister concern. It emphasized the importance of documentary evidence and the applicability of transaction value principles. The Tribunal also ruled in favor of the appellant regarding Cenvat Credit eligibility, leading to a revenue-neutral outcome and the dismissal of the longer period of limitation for the show cause notice issued in 2004. The decision underscored the necessity for the Revenue to provide evidence supporting claims of differential value, ultimately granting relief to the appellants. en-us Wed, 30 Nov 2016 00:00:00 +0530 Wed, 31 Jan 2018 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339275 The Tribunal allowed the appeal, setting aside the Commissioner's decision on the assessable value of films transferred to a sister concern. It emphasized the importance of documentary evidence and the applicability of transaction value principles. The Tribunal also ruled in favor of the appellant regarding Cenvat Credit eligibility, leading to a revenue-neutral outcome and the dismissal of the longer period of limitation for the show cause notice issued in 2004. The decision underscored the necessity for the Revenue to provide evidence supporting claims of differential value, ultimately granting relief to the appellants. Case-Laws Central Excise Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339275