https://www.taxtmi.com/caselaws?id=361647 The Tribunal allowed the appeals filed by M/s Alps Container Pvt. Ltd. and an individual, overturning the confirmation of demand and penalties imposed for Central Excise duty. The original adjudicating authority's method for determining the assessable value was deemed arbitrary and based on unfounded presumptions, lacking sufficient reasoning and data. The Tribunal emphasized the necessity of a logical and justified approach in assessing Central Excise duty, cautioning against arbitrary assessments rooted in assumptions. en-us Thu, 17 May 2018 00:00:00 +0530 Tue, 05 Mar 2019 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361647 The Tribunal allowed the appeals filed by M/s Alps Container Pvt. Ltd. and an individual, overturning the confirmation of demand and penalties imposed for Central Excise duty. The original adjudicating authority's method for determining the assessable value was deemed arbitrary and based on unfounded presumptions, lacking sufficient reasoning and data. The Tribunal emphasized the necessity of a logical and justified approach in assessing Central Excise duty, cautioning against arbitrary assessments rooted in assumptions. Case-Laws Central Excise Thu, 17 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361647