https://www.taxtmi.com/caselaws?id=450006 CESTAT Ahmedabad held that the Principal Commissioner erroneously calculated customs duties on local MRP instead of transaction value under Section 14 of Customs Act 1962 for 100% EOU excise duty determination under Proviso to Section 3(1) of Central Excise Act 1944. The authority wrongly computed CVD on MRP without prescribed abatement and improperly levied Education Cess twice on aggregate customs duties. The SCN issued under Section 11A(5) was invalid as this provision was omitted from 14-5-2015. Extended limitation period was inapplicable since Central Excise officers had verified duty calculations prior to de-bonding with full departmental knowledge. Appeal allowed, impugned order set aside. en-us Fri, 23 Feb 2024 00:00:00 +0530 Fri, 23 Feb 2024 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450006 CESTAT Ahmedabad held that the Principal Commissioner erroneously calculated customs duties on local MRP instead of transaction value under Section 14 of Customs Act 1962 for 100% EOU excise duty determination under Proviso to Section 3(1) of Central Excise Act 1944. The authority wrongly computed CVD on MRP without prescribed abatement and improperly levied Education Cess twice on aggregate customs duties. The SCN issued under Section 11A(5) was invalid as this provision was omitted from 14-5-2015. Extended limitation period was inapplicable since Central Excise officers had verified duty calculations prior to de-bonding with full departmental knowledge. Appeal allowed, impugned order set aside. Case-Laws Central Excise Fri, 23 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450006