https://www.taxtmi.com/caselaws?id=382936 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant in a case challenging duty liability for 'lubricating oils' and 'gear oils' under the Central Excise Act, 1944. The dispute centered on the computation of duty based on maximum retail prices affixed on containers. The Tribunal found that the demand was unjustified as the goods were sold at prices consistent with the labels, and no evidence supported duty recovery. Emphasizing that duty is calculated based on declared retail prices, the Tribunal set aside the order-in-appeal, allowing the appeal against duty imposition, interest, and penalties. en-us Thu, 11 Jul 2019 00:00:00 +0530 Sat, 13 Jul 2019 07:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382936 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant in a case challenging duty liability for 'lubricating oils' and 'gear oils' under the Central Excise Act, 1944. The dispute centered on the computation of duty based on maximum retail prices affixed on containers. The Tribunal found that the demand was unjustified as the goods were sold at prices consistent with the labels, and no evidence supported duty recovery. Emphasizing that duty is calculated based on declared retail prices, the Tribunal set aside the order-in-appeal, allowing the appeal against duty imposition, interest, and penalties. Case-Laws Central Excise Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382936