https://www.taxtmi.com/caselaws?id=447155 CESTAT Kolkata ruled in favor of the appellant regarding facility charges collected from a steel company for fixed assets and maintenance services. The tribunal held that these charges were not includable in assessable value for excise duty purposes, as they were unconnected to the actual supply of demineralized water. The court found the appellant acted in good faith based on established precedent and rejected the extended limitation period invocation, finding no suppression of facts. Consequently, the demand for additional excise duty and penalty were set aside. en-us Fri, 01 Dec 2023 00:00:00 +0530 Wed, 20 Dec 2023 09:35:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447155 CESTAT Kolkata ruled in favor of the appellant regarding facility charges collected from a steel company for fixed assets and maintenance services. The tribunal held that these charges were not includable in assessable value for excise duty purposes, as they were unconnected to the actual supply of demineralized water. The court found the appellant acted in good faith based on established precedent and rejected the extended limitation period invocation, finding no suppression of facts. Consequently, the demand for additional excise duty and penalty were set aside. Case-Laws Central Excise Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447155