https://www.taxtmi.com/caselaws?id=368049 Special value addition under an area-based exemption notification depended on correctly computing sales value after excluding excise duty, VAT and other indirect taxes. The assessee's claim was rejected because the computation appeared to deduct only net excise duty and did not fully account for stock held with C&F agents. A later chartered accountant's certificate addressing stock and cost break-up was also available, but it had not been before the original adjudicating authority. As the value addition calculation could not be conclusively verified on the existing record, the rejection was set aside and the matter was remanded for fresh adjudication with consideration of the additional certificate and a reasonable hearing. en-us Tue, 25 Sep 2018 00:00:00 +0530 Mon, 01 Oct 2018 07:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368049 Special value addition under an area-based exemption notification depended on correctly computing sales value after excluding excise duty, VAT and other indirect taxes. The assessee's claim was rejected because the computation appeared to deduct only net excise duty and did not fully account for stock held with C&F agents. A later chartered accountant's certificate addressing stock and cost break-up was also available, but it had not been before the original adjudicating authority. As the value addition calculation could not be conclusively verified on the existing record, the rejection was set aside and the matter was remanded for fresh adjudication with consideration of the additional certificate and a reasonable hearing. Case-Laws Central Excise Tue, 25 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368049