https://www.taxtmi.com/caselaws?id=380610 The Tribunal ruled in favor of the appellants, M/s. Tata Motors Limited (TML) and its subsidiary H.V. Transmission Ltd. (HVTL), in a case concerning the valuation of goods for captive consumption. The differential duty demand, based on the addition of notional profit and disallowance of trade discounts, was set aside. Additionally, the Tribunal allowed the trade discounts claimed by HVTL and granted Cenvat credit to TML, rejecting the department's denial based on the absence of provisions for credit on supplementary invoices. en-us Tue, 26 Mar 2019 00:00:00 +0530 Sat, 25 May 2019 09:53:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380610 The Tribunal ruled in favor of the appellants, M/s. Tata Motors Limited (TML) and its subsidiary H.V. Transmission Ltd. (HVTL), in a case concerning the valuation of goods for captive consumption. The differential duty demand, based on the addition of notional profit and disallowance of trade discounts, was set aside. Additionally, the Tribunal allowed the trade discounts claimed by HVTL and granted Cenvat credit to TML, rejecting the department's denial based on the absence of provisions for credit on supplementary invoices. Case-Laws Central Excise Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380610