https://www.taxtmi.com/caselaws?id=198516 The Appellate Tribunal CESTAT NEW DELHI upheld the order-in-appeal by the Commissioner (Appeals), Jaipur, in a case concerning the valuation of goods for excise duty. The dispute centered on including profit elements on bought out items in the assessable value for excise duty payment. The Tribunal affirmed the Commissioner's decision to allow deductions for profit margins on both manufactured and bought out goods, in accordance with Section 4 of the Central Excise Act. Consequently, the Tribunal dismissed the Revenue's appeal, emphasizing the correct application of excise duty rules and the exclusion of profit elements on bought out items from the assessable value. en-us Tue, 20 Dec 2016 00:00:00 +0530 Fri, 02 Feb 2018 09:01:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198516 The Appellate Tribunal CESTAT NEW DELHI upheld the order-in-appeal by the Commissioner (Appeals), Jaipur, in a case concerning the valuation of goods for excise duty. The dispute centered on including profit elements on bought out items in the assessable value for excise duty payment. The Tribunal affirmed the Commissioner's decision to allow deductions for profit margins on both manufactured and bought out goods, in accordance with Section 4 of the Central Excise Act. Consequently, the Tribunal dismissed the Revenue's appeal, emphasizing the correct application of excise duty rules and the exclusion of profit elements on bought out items from the assessable value. Case-Laws Central Excise Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198516