https://www.taxtmi.com/caselaws?id=374381 The Tribunal set aside the demands for duty payment and penalties, ruling in favor of the appellants. It found that the short payment of duty was unintentional, rectified before notices were issued, and the transaction was revenue neutral as the related company could only avail CENVAT Credit to the extent of duty discharged by the appellants. The judgment emphasized the adoption of CAS-4 method for valuation, rectification of duty liability, and the principle of revenue neutrality, ultimately granting the appeals with consequential benefits. en-us Tue, 29 Jan 2019 00:00:00 +0530 Fri, 01 Feb 2019 07:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374381 The Tribunal set aside the demands for duty payment and penalties, ruling in favor of the appellants. It found that the short payment of duty was unintentional, rectified before notices were issued, and the transaction was revenue neutral as the related company could only avail CENVAT Credit to the extent of duty discharged by the appellants. The judgment emphasized the adoption of CAS-4 method for valuation, rectification of duty liability, and the principle of revenue neutrality, ultimately granting the appeals with consequential benefits. Case-Laws Central Excise Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374381