https://www.taxtmi.com/caselaws?id=371655 The Tribunal ruled in favor of the appellant in a valuation dispute concerning duty payment on sponge iron transferred to another unit. The Tribunal held that Rule 8 of the Central Excise Valuation Rules, 2000 did not apply when part of the production was cleared to independent buyers. Additionally, the Tribunal dismissed a stock shortage dispute, finding no evidence of clandestine clearance of goods. As a result, the Tribunal set aside the demand for differential duty and duty on the recorded shortage, ultimately ruling in favor of the appellant and allowing the appeal. en-us Fri, 30 Nov 2018 00:00:00 +0530 Sat, 08 Dec 2018 06:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371655 The Tribunal ruled in favor of the appellant in a valuation dispute concerning duty payment on sponge iron transferred to another unit. The Tribunal held that Rule 8 of the Central Excise Valuation Rules, 2000 did not apply when part of the production was cleared to independent buyers. Additionally, the Tribunal dismissed a stock shortage dispute, finding no evidence of clandestine clearance of goods. As a result, the Tribunal set aside the demand for differential duty and duty on the recorded shortage, ultimately ruling in favor of the appellant and allowing the appeal. Case-Laws Central Excise Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371655