https://www.taxtmi.com/caselaws?id=436184 The Tribunal held that in cases of depot clearance, excise duty should be charged based on the transaction value prevailing at the depot at the time of sale. While the demand for duty was found to be valid, it was deemed not sustainable for the extended period as there was no intention to evade payment, and the duty demanded was refundable. The Show Cause Notice issued covering a specific period was considered time-barred due to the appellant's compliance with regulations and lack of revenue loss to the Government. Consequently, the appeal was allowed, and the impugned order was set aside. en-us Mon, 03 Apr 2023 00:00:00 +0530 Fri, 07 Apr 2023 08:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436184 The Tribunal held that in cases of depot clearance, excise duty should be charged based on the transaction value prevailing at the depot at the time of sale. While the demand for duty was found to be valid, it was deemed not sustainable for the extended period as there was no intention to evade payment, and the duty demanded was refundable. The Show Cause Notice issued covering a specific period was considered time-barred due to the appellant's compliance with regulations and lack of revenue loss to the Government. Consequently, the appeal was allowed, and the impugned order was set aside. Case-Laws Central Excise Mon, 03 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436184