https://www.taxtmi.com/caselaws?id=376586 The Tribunal allowed the appeal against the order confirming a demand under section 11A of the Central Excise Act, 1944, concerning the liability to discharge duty under section 4A. The Tribunal found that the redetermination of retail selling price by the Revenue before 1-3-2008 was faulty as rules were not prescribed until that date. It was held that without legal machinery for redetermination during the relevant period, the authorities could not revise the Maximum Retail Price and demand duty. The Tribunal set aside the demand, emphasizing that rules effective from 1-3-2008 could not be retroactively applied, and accepted the assessable value as the retail selling price for duty computation. en-us Thu, 31 Jan 2019 00:00:00 +0530 Wed, 13 Mar 2019 07:39:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376586 The Tribunal allowed the appeal against the order confirming a demand under section 11A of the Central Excise Act, 1944, concerning the liability to discharge duty under section 4A. The Tribunal found that the redetermination of retail selling price by the Revenue before 1-3-2008 was faulty as rules were not prescribed until that date. It was held that without legal machinery for redetermination during the relevant period, the authorities could not revise the Maximum Retail Price and demand duty. The Tribunal set aside the demand, emphasizing that rules effective from 1-3-2008 could not be retroactively applied, and accepted the assessable value as the retail selling price for duty computation. Case-Laws Central Excise Thu, 31 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376586