https://www.taxtmi.com/caselaws?id=433550 The Tribunal granted a partial refund of Rs 4,22,85,418 to the appellant in a case involving excise duty on freight charges. The dispute centered on the assessable value including transportation costs and the refund claim exceeding the prescribed time limit. The Tribunal determined that the payments were deposits, not duty, as they were not appropriated by the Department, leading to the allowance of the refund claim. The judgment underscored the distinction between deposits and duty payments, emphasizing procedural requirements for refund claims and the interpretation of assessable value in excise duty cases. en-us Tue, 10 Jan 2023 00:00:00 +0530 Fri, 03 Feb 2023 07:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433550 The Tribunal granted a partial refund of Rs 4,22,85,418 to the appellant in a case involving excise duty on freight charges. The dispute centered on the assessable value including transportation costs and the refund claim exceeding the prescribed time limit. The Tribunal determined that the payments were deposits, not duty, as they were not appropriated by the Department, leading to the allowance of the refund claim. The judgment underscored the distinction between deposits and duty payments, emphasizing procedural requirements for refund claims and the interpretation of assessable value in excise duty cases. Case-Laws Central Excise Tue, 10 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433550