https://www.taxtmi.com/caselaws?id=355583 The Tribunal ruled in favor of the appellant, setting aside the confirmation of demand of duty, interest, and penalty. The Tribunal determined that the valuation method for goods manufactured on a job work basis should be based on the sale price at the depot of the loan licensee, deducting quantity discounts. The demand show-cause notice was held to be barred by limitation. The decision aligned with the Ujagar Prints case, concluding that the assessable value and duty paid could not be challenged if calculated per the Ujagar Prints formula. The appellant's appeal was allowed on 29/12/2017. en-us Fri, 29 Dec 2017 00:00:00 +0530 Fri, 16 Feb 2018 07:09:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355583 The Tribunal ruled in favor of the appellant, setting aside the confirmation of demand of duty, interest, and penalty. The Tribunal determined that the valuation method for goods manufactured on a job work basis should be based on the sale price at the depot of the loan licensee, deducting quantity discounts. The demand show-cause notice was held to be barred by limitation. The decision aligned with the Ujagar Prints case, concluding that the assessable value and duty paid could not be challenged if calculated per the Ujagar Prints formula. The appellant's appeal was allowed on 29/12/2017. Case-Laws Central Excise Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355583