https://www.taxtmi.com/caselaws?id=371952 The Tribunal, affirming the decision of the High Court, ruled in favor of the appellant in a dispute over the valuation for duty payment on Motor Spirit and High-Speed Diesel. The appellant's method of valuation based on transaction value for sales to other companies was upheld, with no evidence of undervaluation or duty evasion found. The judgment emphasized adherence to contractual terms and invoice declarations to determine transaction value accurately and avoid allegations of under-valuation. en-us Thu, 06 Dec 2018 00:00:00 +0530 Sat, 15 Dec 2018 09:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371952 The Tribunal, affirming the decision of the High Court, ruled in favor of the appellant in a dispute over the valuation for duty payment on Motor Spirit and High-Speed Diesel. The appellant's method of valuation based on transaction value for sales to other companies was upheld, with no evidence of undervaluation or duty evasion found. The judgment emphasized adherence to contractual terms and invoice declarations to determine transaction value accurately and avoid allegations of under-valuation. Case-Laws Central Excise Thu, 06 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371952