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    <title>2017 (3) TMI 1001 - CESTAT NEW DELHI</title>
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    <description>The Tribunal set aside the final assessment orders and show cause notices, citing discrepancies in valuation and procedural irregularities. The Revenue&#039;s demand for differential amounts was not upheld, as the Tribunal found the appellant&#039;s compliance with CAS-4 standards and legitimate cost certificates sufficient. The Tribunal emphasized the importance of proper review procedures under Section 35E and remanded one appeal for a fresh examination based on CAS-4 standards, ultimately ruling in favor of the appellants in two appeals and requiring a detailed analysis in the third appeal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=340498</link>
      <description>The Tribunal set aside the final assessment orders and show cause notices, citing discrepancies in valuation and procedural irregularities. The Revenue&#039;s demand for differential amounts was not upheld, as the Tribunal found the appellant&#039;s compliance with CAS-4 standards and legitimate cost certificates sufficient. The Tribunal emphasized the importance of proper review procedures under Section 35E and remanded one appeal for a fresh examination based on CAS-4 standards, ultimately ruling in favor of the appellants in two appeals and requiring a detailed analysis in the third appeal.</description>
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