https://www.taxtmi.com/caselaws?id=444768 The Tribunal allowed all appeals, setting aside the impugned orders and fixing special rates as requested by the appellants. It ruled that applications for special rate fixation filed before 20.04.2020 were timely, rejecting the limitation argument. The Tribunal confirmed that the balance sheets conformed to the Companies Act, accepted statutory auditor's certificates as valid evidence, and approved the calculation of gross sales value and VAT rate. It also clarified that inventory valuation correctly included work-in-progress. The decision aligned with principles from M/s Kokuyo Camlin Ltd. Vs. Commissioner of Central Excise & Service Tax, J&K (2023). en-us Fri, 22 Sep 2023 00:00:00 +0530 Sun, 22 Oct 2023 21:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444768 The Tribunal allowed all appeals, setting aside the impugned orders and fixing special rates as requested by the appellants. It ruled that applications for special rate fixation filed before 20.04.2020 were timely, rejecting the limitation argument. The Tribunal confirmed that the balance sheets conformed to the Companies Act, accepted statutory auditor's certificates as valid evidence, and approved the calculation of gross sales value and VAT rate. It also clarified that inventory valuation correctly included work-in-progress. The decision aligned with principles from M/s Kokuyo Camlin Ltd. Vs. Commissioner of Central Excise & Service Tax, J&K (2023). Case-Laws Central Excise Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444768