https://www.taxtmi.com/caselaws?id=442014 The Tribunal found in favor of the Appellant company in a case concerning the assessable value of stock-transferred petroleum products and the liability to duty on 'Terminalling Charges'. The Tribunal held that no sale occurred between the company's units, and duty had already been paid on the transaction value inclusive of the charges. As a result, the demand for duty on the 'Terminalling Charges' was set aside, and the appeal by the Appellant was allowed without any penalties imposed. en-us Mon, 21 Aug 2023 00:00:00 +0530 Wed, 23 Aug 2023 09:06:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442014 The Tribunal found in favor of the Appellant company in a case concerning the assessable value of stock-transferred petroleum products and the liability to duty on 'Terminalling Charges'. The Tribunal held that no sale occurred between the company's units, and duty had already been paid on the transaction value inclusive of the charges. As a result, the demand for duty on the 'Terminalling Charges' was set aside, and the appeal by the Appellant was allowed without any penalties imposed. Case-Laws Central Excise Mon, 21 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442014