https://www.taxtmi.com/caselaws?id=340582 The appeals filed by the appellant/assessee were allowed, setting aside the differential duty confirmed by the Original Authority. The Tribunal held that the valuation method based on sales to independent buyers should be used when there are independent sales of similar items, rather than Rule 8 of the Valuation Rules. Additionally, the denial of cenvat credit to the Raigarh Unit was deemed unsustainable, as the credit availed on valid documents could not be denied under Rule 9(1)(b). The appeal by the Revenue regarding penalty imposition was dismissed since the demand itself was found unsustainable. en-us Wed, 08 Feb 2017 00:00:00 +0530 Sat, 30 Dec 2017 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340582 The appeals filed by the appellant/assessee were allowed, setting aside the differential duty confirmed by the Original Authority. The Tribunal held that the valuation method based on sales to independent buyers should be used when there are independent sales of similar items, rather than Rule 8 of the Valuation Rules. Additionally, the denial of cenvat credit to the Raigarh Unit was deemed unsustainable, as the credit availed on valid documents could not be denied under Rule 9(1)(b). The appeal by the Revenue regarding penalty imposition was dismissed since the demand itself was found unsustainable. Case-Laws Central Excise Wed, 08 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340582