https://www.taxtmi.com/caselaws?id=358812 The Tribunal ruled in favor of the appellant, M/s UFO Movies India Ltd., in a case concerning the liability for Countervailing Duty (CVD) on imported Digital Video Projectors and Decoders leased to theater owners. The Tribunal held that since ownership of the goods remained with the appellant and there was no sale involved, CVD could not be charged based on Retail Sale Price (RSP) under Section 4A of the Central Excise Act, 1944. The decision aligned with the precedent set in the Bharti Telemedia Ltd. case, leading to the appeal being allowed and the impugned order set aside. en-us Wed, 21 Mar 2018 00:00:00 +0530 Thu, 19 Apr 2018 07:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358812 The Tribunal ruled in favor of the appellant, M/s UFO Movies India Ltd., in a case concerning the liability for Countervailing Duty (CVD) on imported Digital Video Projectors and Decoders leased to theater owners. The Tribunal held that since ownership of the goods remained with the appellant and there was no sale involved, CVD could not be charged based on Retail Sale Price (RSP) under Section 4A of the Central Excise Act, 1944. The decision aligned with the precedent set in the Bharti Telemedia Ltd. case, leading to the appeal being allowed and the impugned order set aside. Case-Laws Customs Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358812