https://www.taxtmi.com/caselaws?id=350990 The Appellate Tribunal CESTAT HYDERABAD set aside the impugned order and allowed the appeal in favor of the appellant. The Tribunal relied on earlier decisions and a Circular, determining that the CENVAT credit taken by the assessee should be considered as the correct assessable value for valuation of cleared inputs/capital goods, leading to the discharge of duty liability accordingly. The Tribunal found that the issue was settled by precedent cases like Eicher Tractors and Silvasa Machines, concluding that the impugned order was unsustainable. en-us Fri, 15 Sep 2017 00:00:00 +0530 Fri, 17 Nov 2017 07:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350990 The Appellate Tribunal CESTAT HYDERABAD set aside the impugned order and allowed the appeal in favor of the appellant. The Tribunal relied on earlier decisions and a Circular, determining that the CENVAT credit taken by the assessee should be considered as the correct assessable value for valuation of cleared inputs/capital goods, leading to the discharge of duty liability accordingly. The Tribunal found that the issue was settled by precedent cases like Eicher Tractors and Silvasa Machines, concluding that the impugned order was unsustainable. Case-Laws Central Excise Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350990