https://www.taxtmi.com/caselaws?id=195943 The Tribunal ruled in favor of the appellant, allowing their appeal, while dismissing Revenue's appeal due to the lack of substantial evidence supporting the claims made by both parties. The duty levy based on the relationship between the appellant and another company was deemed unjustified without concrete evidence of undervaluation. The dropping of part of the demand by the Commissioner (Appeals) was upheld as the investigation lacked sufficient weightage and evidence of undervaluation. The valuation of job worked goods and commonality of directors were crucial, emphasizing the need for objective analysis and concrete evidence in determining assessable value. en-us Mon, 17 Oct 2016 00:00:00 +0530 Wed, 15 Nov 2017 08:33:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195943 The Tribunal ruled in favor of the appellant, allowing their appeal, while dismissing Revenue's appeal due to the lack of substantial evidence supporting the claims made by both parties. The duty levy based on the relationship between the appellant and another company was deemed unjustified without concrete evidence of undervaluation. The dropping of part of the demand by the Commissioner (Appeals) was upheld as the investigation lacked sufficient weightage and evidence of undervaluation. The valuation of job worked goods and commonality of directors were crucial, emphasizing the need for objective analysis and concrete evidence in determining assessable value. Case-Laws Central Excise Mon, 17 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195943