https://www.taxtmi.com/caselaws?id=432843 The tribunal set aside the order including outward freight, marketing spends, and fixed costs in the assessable value of goods manufactured by LHL for ITC. The case was remanded for fresh adjudication to apportion costs appropriately and verify the claim of double taxation. The penalty imposed on ITC was overturned due to a violation of natural justice principles. The tribunal emphasized the importance of granting ITC an opportunity to defend itself in the remand proceedings. en-us Tue, 10 Jan 2023 00:00:00 +0530 Sun, 15 Jan 2023 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432843 The tribunal set aside the order including outward freight, marketing spends, and fixed costs in the assessable value of goods manufactured by LHL for ITC. The case was remanded for fresh adjudication to apportion costs appropriately and verify the claim of double taxation. The penalty imposed on ITC was overturned due to a violation of natural justice principles. The tribunal emphasized the importance of granting ITC an opportunity to defend itself in the remand proceedings. Case-Laws Central Excise Tue, 10 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432843