https://www.taxtmi.com/caselaws?id=450775 CESTAT Mumbai dismissed the appeal concerning price escalation clause alterations through supplementary invoices. The appellant challenged provisional assessment under rule 7 of Central Excise Rules, 2002, claiming revised transaction value as actual value. The tribunal held that finalization was deferred due to non-submission of required documents by assessee. Non-receipt of payment was irrelevant for central excise valuation purposes. After over a decade, consideration dispute remained unresolved. The tribunal found no justification for questioning provisional assessment finalization and upheld the first appellate authority's rejection of the appeal. en-us Tue, 12 Mar 2024 00:00:00 +0530 Wed, 13 Mar 2024 08:41:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450775 CESTAT Mumbai dismissed the appeal concerning price escalation clause alterations through supplementary invoices. The appellant challenged provisional assessment under rule 7 of Central Excise Rules, 2002, claiming revised transaction value as actual value. The tribunal held that finalization was deferred due to non-submission of required documents by assessee. Non-receipt of payment was irrelevant for central excise valuation purposes. After over a decade, consideration dispute remained unresolved. The tribunal found no justification for questioning provisional assessment finalization and upheld the first appellate authority's rejection of the appeal. Case-Laws Central Excise Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450775