https://www.taxtmi.com/caselaws?id=430219 The appeal challenged the Commissioner (Appeals) order confirming a demand of Rs. 13,32,087/- with interest and penalty, while setting aside a portion of the initial demand. The Tribunal re-determined the value of SS Utensils, reducing the demand significantly from Rs. 1,95,598/- to Rs. 75,000/-, and set aside the penalty imposed on the appellant. The appeal was allowed to the extent indicated, emphasizing the correct application of valuation rules and considerations for goods not used in further manufacture. en-us Tue, 01 Nov 2022 00:00:00 +0530 Mon, 14 Nov 2022 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430219 The appeal challenged the Commissioner (Appeals) order confirming a demand of Rs. 13,32,087/- with interest and penalty, while setting aside a portion of the initial demand. The Tribunal re-determined the value of SS Utensils, reducing the demand significantly from Rs. 1,95,598/- to Rs. 75,000/-, and set aside the penalty imposed on the appellant. The appeal was allowed to the extent indicated, emphasizing the correct application of valuation rules and considerations for goods not used in further manufacture. Case-Laws Central Excise Tue, 01 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430219