https://www.taxtmi.com/caselaws?id=341413 The Tribunal partly allowed the appeal in a case involving undervaluation of products for Central Excise duty evasion. The demand under Rule 8 of the Central Excise Valuation Rules, 2000, was dropped due to the appellant's sales to independent buyers. An assessment based on MRP and depot prices was remanded for verification. The alleged incorrect MRP assessment was also remanded for further examination. Regarding sales from depots, the Tribunal upheld the assessable value determination based on transaction value at the time of sale. The impugned order was modified based on specific findings for each issue raised during the proceedings. en-us Wed, 05 Apr 2017 00:00:00 +0530 Fri, 09 Feb 2018 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341413 The Tribunal partly allowed the appeal in a case involving undervaluation of products for Central Excise duty evasion. The demand under Rule 8 of the Central Excise Valuation Rules, 2000, was dropped due to the appellant's sales to independent buyers. An assessment based on MRP and depot prices was remanded for verification. The alleged incorrect MRP assessment was also remanded for further examination. Regarding sales from depots, the Tribunal upheld the assessable value determination based on transaction value at the time of sale. The impugned order was modified based on specific findings for each issue raised during the proceedings. Case-Laws Central Excise Wed, 05 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341413