Court Rules Trade Margins Excluded from Assessable Value in Excise Duty for Natural Gas/CNG Supplies.

Court Rules Trade Margins Excluded from Assessable Value in Excise Duty for Natural Gas/CNG Supplies. https://www.taxtmi.com/highlights?id=45964 Valuation - inclusion of Trade Margin in the assessable value - Appellant has entered into agreement with the OMCs for supply on Natural gas/ CNG on principal to principal basis - the demand of duty on ‘Trade Margin’ is not sustainable en-us Thu, 18 Apr 2019 08:22:25 +0530 Thu, 18 Apr 2019 08:22:25 +0530 TaxTMI RSS Generator Court Rules Trade Margins Excluded from Assessable Value in Excise Duty for Natural Gas/CNG Supplies. https://www.taxtmi.com/highlights?id=45964 Valuation - inclusion of Trade Margin in the assessable value - Appellant has entered into agreement with the OMCs for supply on Natural gas/ CNG on principal to principal basis - the demand of duty on ‘Trade Margin’ is not sustainable Highlights Central Excise Thu, 18 Apr 2019 08:22:25 +0530 https://www.taxtmi.com/highlights?id=45964