https://www.taxtmi.com/caselaws?id=423864 The Appellate Tribunal CESTAT AHMEDABAD ruled in favor of the appellant, a manufacturer of M.S. Drums, in a case concerning the inclusion of Tax Collected at Source (TCS) in the assessable value for charging Central Excise Duty. The Tribunal held that TCS, being a tax collected and deposited to the income tax department, did not constitute additional consideration to the appellant and thus should not be considered in the assessable value for Excise Duty payment. The impugned order was set aside, and the appeal was allowed on 07.06.2022. en-us Tue, 07 Jun 2022 00:00:00 +0530 Fri, 17 Jun 2022 09:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423864 The Appellate Tribunal CESTAT AHMEDABAD ruled in favor of the appellant, a manufacturer of M.S. Drums, in a case concerning the inclusion of Tax Collected at Source (TCS) in the assessable value for charging Central Excise Duty. The Tribunal held that TCS, being a tax collected and deposited to the income tax department, did not constitute additional consideration to the appellant and thus should not be considered in the assessable value for Excise Duty payment. The impugned order was set aside, and the appeal was allowed on 07.06.2022. Case-Laws Central Excise Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423864