https://www.taxtmi.com/caselaws?id=438726 A claim for fixation of special rate of refund under Notification No. 56/2002-CE must be examined on the basis of audited financial records, actual sale value and supporting statutory auditor certification, rather than notional MRP value. The note states that rejection of such a claim is unsustainable where the authority does not deal with the auditor's figures, fails to rebut them with cogent material, or travels beyond the notice by introducing grounds not put to the assessee. On that reasoning, the certified value addition of 58.60% was treated as acceptable and the special rate was fixed accordingly. en-us Tue, 06 Jun 2023 00:00:00 +0530 Wed, 07 Jun 2023 23:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438726 A claim for fixation of special rate of refund under Notification No. 56/2002-CE must be examined on the basis of audited financial records, actual sale value and supporting statutory auditor certification, rather than notional MRP value. The note states that rejection of such a claim is unsustainable where the authority does not deal with the auditor's figures, fails to rebut them with cogent material, or travels beyond the notice by introducing grounds not put to the assessee. On that reasoning, the certified value addition of 58.60% was treated as acceptable and the special rate was fixed accordingly. Case-Laws Central Excise Tue, 06 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438726