https://www.taxtmi.com/caselaws?id=751043 CESTAT Mumbai held that for 100% EOU clearing goods in domestic tariff area, central excise duty calculation must follow Section 14 of Customs Act, 1962 for valuation. Revenue incorrectly applied Section 4A of Central Excise Act (MRP minus abatement method) for medicaments under Chapter 30. SC precedent in Morarjee Brembana clarified that customs duty on such goods requires valuation per Customs Act provisions, not Central Excise Act methods. Impugned order set aside, appeal allowed. en-us Fri, 05 Apr 2024 00:00:00 +0530 Sat, 06 Apr 2024 05:46:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751043 CESTAT Mumbai held that for 100% EOU clearing goods in domestic tariff area, central excise duty calculation must follow Section 14 of Customs Act, 1962 for valuation. Revenue incorrectly applied Section 4A of Central Excise Act (MRP minus abatement method) for medicaments under Chapter 30. SC precedent in Morarjee Brembana clarified that customs duty on such goods requires valuation per Customs Act provisions, not Central Excise Act methods. Impugned order set aside, appeal allowed. Case-Laws Central Excise Fri, 05 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751043