https://www.taxtmi.com/caselaws?id=369307 The Tribunal allowed the appeal filed by M/s Godrej Industries Ltd against the order confirming demand duty, interest, and penalty imposed by the Commissioner of Central Excise (Appeals) for clearing 'soap stock' internally to their sister unit. The Tribunal held that the market price of the goods should prevail over the price computed by the authorities based on Central Excise Valuation Rules. Relying on precedents emphasizing revenue neutrality, the Tribunal set aside the impugned order, supporting the appellant's arguments regarding the assessment of duty on goods cleared internally. en-us Thu, 04 Oct 2018 00:00:00 +0530 Thu, 25 Oct 2018 08:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369307 The Tribunal allowed the appeal filed by M/s Godrej Industries Ltd against the order confirming demand duty, interest, and penalty imposed by the Commissioner of Central Excise (Appeals) for clearing 'soap stock' internally to their sister unit. The Tribunal held that the market price of the goods should prevail over the price computed by the authorities based on Central Excise Valuation Rules. Relying on precedents emphasizing revenue neutrality, the Tribunal set aside the impugned order, supporting the appellant's arguments regarding the assessment of duty on goods cleared internally. Case-Laws Central Excise Thu, 04 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369307