https://www.taxtmi.com/caselaws?id=750822 CESTAT Bangalore dismissed appeals challenging refund denial of excess duty paid. The appellant transferred goods to depots and later negotiated reduced sale prices, claiming refund of excess duty. The Commissioner (Appeals) correctly held that subsequent price negotiations cannot reopen finalized assessments. The Tribunal upheld that duty liability discharged at factory clearance based on depot sale prices cannot be altered by later price changes, as this would defeat the purpose of Central Excise Valuation Rules. The assessable value and duty liability remain final upon clearance. en-us Tue, 05 Mar 2024 00:00:00 +0530 Mon, 01 Apr 2024 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750822 CESTAT Bangalore dismissed appeals challenging refund denial of excess duty paid. The appellant transferred goods to depots and later negotiated reduced sale prices, claiming refund of excess duty. The Commissioner (Appeals) correctly held that subsequent price negotiations cannot reopen finalized assessments. The Tribunal upheld that duty liability discharged at factory clearance based on depot sale prices cannot be altered by later price changes, as this would defeat the purpose of Central Excise Valuation Rules. The assessable value and duty liability remain final upon clearance. Case-Laws Central Excise Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750822