https://www.taxtmi.com/caselaws?id=349948 The Tribunal ruled that a reduction in transaction value after the issuance of credit notes does not automatically alter duty liability under the Central Excise Act and Rules. The Revenue's appeal, seeking to levy duty based on the revised price after credit notes for discounts, was dismissed. The Tribunal emphasized the absence of legal provisions for adjusting duty payable due to changes in transaction value, affirming the respondent's entitlement to relief as per the law. en-us Mon, 13 Feb 2017 00:00:00 +0530 Sat, 28 Oct 2017 08:15:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349948 The Tribunal ruled that a reduction in transaction value after the issuance of credit notes does not automatically alter duty liability under the Central Excise Act and Rules. The Revenue's appeal, seeking to levy duty based on the revised price after credit notes for discounts, was dismissed. The Tribunal emphasized the absence of legal provisions for adjusting duty payable due to changes in transaction value, affirming the respondent's entitlement to relief as per the law. Case-Laws Central Excise Mon, 13 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349948