DGCEI Officers Can't Alter Goods' Valuation to Reduce CENVAT Credit at Recipient's End; Classification Key in Duty Assessment.

DGCEI Officers Can't Alter Goods' Valuation to Reduce CENVAT Credit at Recipient's End; Classification Key in Duty Assessment. https://www.taxtmi.com/highlights?id=63002 Recovery of excess availed CENVAT Credit - Whether the officers of DGCEI have the power to re-determine the assessable value? - Classification and valuation are part of the assessment of duty. Valuation of the goods cleared by the supplier cannot be modified by the officers at the end of the recipient so as to reduce the CENVAT credit. - AT en-us Wed, 20 Apr 2022 08:30:47 +0530 Wed, 20 Apr 2022 08:30:47 +0530 TaxTMI RSS Generator DGCEI Officers Can't Alter Goods' Valuation to Reduce CENVAT Credit at Recipient's End; Classification Key in Duty Assessment. https://www.taxtmi.com/highlights?id=63002 Recovery of excess availed CENVAT Credit - Whether the officers of DGCEI have the power to re-determine the assessable value? - Classification and valuation are part of the assessment of duty. Valuation of the goods cleared by the supplier cannot be modified by the officers at the end of the recipient so as to reduce the CENVAT credit. - AT Highlights Central Excise Wed, 20 Apr 2022 08:30:47 +0530 https://www.taxtmi.com/highlights?id=63002