https://www.taxtmi.com/caselaws?id=32602 The Appellate Tribunal CESTAT, Chennai, allowed the appeal in a case concerning a demand for a differential duty on clearances of excisable goods and interest/penalty under Section 11AC of the Central Excise Act, 1944. The Tribunal held that the profit margin was not relevant for determining the assessable value of the goods, emphasizing revenue neutrality in transactions between units of the same company. The decision underscored the importance of accurate valuation methods and compliance with legal requirements in assessing duty demands, interest, and penalties under the Central Excise Act, 1944. en-us Wed, 23 Jul 2008 00:00:00 +0530 Mon, 16 Mar 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32602 The Appellate Tribunal CESTAT, Chennai, allowed the appeal in a case concerning a demand for a differential duty on clearances of excisable goods and interest/penalty under Section 11AC of the Central Excise Act, 1944. The Tribunal held that the profit margin was not relevant for determining the assessable value of the goods, emphasizing revenue neutrality in transactions between units of the same company. The decision underscored the importance of accurate valuation methods and compliance with legal requirements in assessing duty demands, interest, and penalties under the Central Excise Act, 1944. Case-Laws Central Excise Wed, 23 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32602