https://www.taxtmi.com/caselaws?id=360549 The Tribunal allowed the appellant's appeal against an Order-in-Original demanding Central Excise duty and penalty, covering the period 2003-04 to 2006-07. The dispute arose from alleged undervaluation of products and short payment of duty, focusing on the exclusion of profit margin from assessable value. The Tribunal found discrepancies in the show cause notice and determined that the appellant's cost statements already included a profit element, leading to the appeal being allowed and granting consequential benefits to the appellant. en-us Tue, 10 Apr 2018 00:00:00 +0530 Sat, 19 May 2018 08:21:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360549 The Tribunal allowed the appellant's appeal against an Order-in-Original demanding Central Excise duty and penalty, covering the period 2003-04 to 2006-07. The dispute arose from alleged undervaluation of products and short payment of duty, focusing on the exclusion of profit margin from assessable value. The Tribunal found discrepancies in the show cause notice and determined that the appellant's cost statements already included a profit element, leading to the appeal being allowed and granting consequential benefits to the appellant. Case-Laws Central Excise Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360549