https://www.taxtmi.com/caselaws?id=421065 The Court upheld the Tribunal's decision regarding the valuation of goods sold to a related party, finding that the appellant did not comply with Central Excise Valuation Rules, potentially evading duty payment. Although the penalty imposed by the Commissioner was waived by the Tribunal, the Department appealed against this decision, emphasizing the intent to evade duty payment as per the Central Excise Act. The Court highlighted the importance of assessing intent under Section 11AC(1)(a) and dismissed the appeal, affirming the Tribunal's findings on non-compliance with valuation rules and refund entitlement based on manufacturing value addition. No costs were awarded in the case. en-us Tue, 12 Apr 2022 00:00:00 +0530 Sat, 15 Oct 2022 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421065 The Court upheld the Tribunal's decision regarding the valuation of goods sold to a related party, finding that the appellant did not comply with Central Excise Valuation Rules, potentially evading duty payment. Although the penalty imposed by the Commissioner was waived by the Tribunal, the Department appealed against this decision, emphasizing the intent to evade duty payment as per the Central Excise Act. The Court highlighted the importance of assessing intent under Section 11AC(1)(a) and dismissed the appeal, affirming the Tribunal's findings on non-compliance with valuation rules and refund entitlement based on manufacturing value addition. No costs were awarded in the case. Case-Laws Central Excise Tue, 12 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421065