https://www.taxtmi.com/caselaws?id=355490 The Tribunal ruled in favor of the appellants, manufacturers of economizer and super heater coils, in a case involving a demand for differential duty, interest, and penalties. The Tribunal held that since the principal company had already paid duty on the goods, demanding additional duty from the appellants would result in double taxation, which is impermissible. It was also found that no penalty was warranted as there was no intention to underpay duty, given the understanding between the parties regarding valuation. Therefore, the appellants were absolved of any additional duty liability and penalties. en-us Fri, 05 Jan 2018 00:00:00 +0530 Thu, 15 Feb 2018 09:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355490 The Tribunal ruled in favor of the appellants, manufacturers of economizer and super heater coils, in a case involving a demand for differential duty, interest, and penalties. The Tribunal held that since the principal company had already paid duty on the goods, demanding additional duty from the appellants would result in double taxation, which is impermissible. It was also found that no penalty was warranted as there was no intention to underpay duty, given the understanding between the parties regarding valuation. Therefore, the appellants were absolved of any additional duty liability and penalties. Case-Laws Central Excise Fri, 05 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355490