https://www.taxtmi.com/caselaws?id=387988 The tribunal ruled in favor of the appellant, setting aside the duty recovery and penalties imposed under sections 11A and 11AC of the Central Excise Act, 1944. The tribunal found discrepancies in the assessable value calculation and disagreed with the 15% increase based on rule 8 of the Central Excise (Determination Price of Excisable Goods) Rules, 2000. Emphasizing the need for revenue neutrality, the tribunal remanded the matter to the original authority for reconsideration, citing the importance of valid data and compliance with circulars for accurate assessments. en-us Fri, 18 Oct 2019 00:00:00 +0530 Wed, 06 Nov 2019 08:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387988 The tribunal ruled in favor of the appellant, setting aside the duty recovery and penalties imposed under sections 11A and 11AC of the Central Excise Act, 1944. The tribunal found discrepancies in the assessable value calculation and disagreed with the 15% increase based on rule 8 of the Central Excise (Determination Price of Excisable Goods) Rules, 2000. Emphasizing the need for revenue neutrality, the tribunal remanded the matter to the original authority for reconsideration, citing the importance of valid data and compliance with circulars for accurate assessments. Case-Laws Central Excise Fri, 18 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387988