https://www.taxtmi.com/caselaws?id=342245 The Tribunal allowed the appellant's appeal regarding the denial of cenvat credit for photo frames provided as gifts in Diwali packs, stating that the frames qualified as inputs under Cenvat Credit Rules. Additionally, the Tribunal ruled in favor of the appellant's claim for deduction on interest on receivables to determine the assessable value, citing legal precedents that supported excluding such interest from the assessable value. The decision emphasized consistency with established legal positions and precedents, ensuring fairness in tax law application. en-us Tue, 11 Apr 2017 00:00:00 +0530 Mon, 15 May 2017 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342245 The Tribunal allowed the appellant's appeal regarding the denial of cenvat credit for photo frames provided as gifts in Diwali packs, stating that the frames qualified as inputs under Cenvat Credit Rules. Additionally, the Tribunal ruled in favor of the appellant's claim for deduction on interest on receivables to determine the assessable value, citing legal precedents that supported excluding such interest from the assessable value. The decision emphasized consistency with established legal positions and precedents, ensuring fairness in tax law application. Case-Laws Central Excise Tue, 11 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342245