https://www.taxtmi.com/caselaws?id=387760 The Tribunal ruled in favor of the appellant in a case concerning the inclusion of Royalty Charges in the assessable value for excise duty calculation. The Tribunal found that the Royalty Charges were correctly included in the transaction value of the goods sold by the appellant, as supported by a Chartered Accountant's certificate. Emphasizing that duty is chargeable on the actual transaction value post-amended valuation provisions, the Tribunal set aside the demand for Central Excise duty, interest, and penalty imposed on the appellant. en-us Wed, 30 Oct 2019 00:00:00 +0530 Wed, 30 Oct 2019 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387760 The Tribunal ruled in favor of the appellant in a case concerning the inclusion of Royalty Charges in the assessable value for excise duty calculation. The Tribunal found that the Royalty Charges were correctly included in the transaction value of the goods sold by the appellant, as supported by a Chartered Accountant's certificate. Emphasizing that duty is chargeable on the actual transaction value post-amended valuation provisions, the Tribunal set aside the demand for Central Excise duty, interest, and penalty imposed on the appellant. Case-Laws Central Excise Wed, 30 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387760