https://www.taxtmi.com/caselaws?id=751953 The CESTAT Chennai ruled in favor of the appellant in a case involving valuation method for excisable goods. The appellant received goods from principal manufacturer and performed job work before selling HDPE bottles to the manufacturer. The revenue demanded duty using Rule 8 of Central Excise Valuation Rules, 2000. The Tribunal held that Rule 8 applies only when goods are not sold, but here the goods were sold to the manufacturer. Following precedent from a coordinate bench decision, the Tribunal found the demand unsustainable and allowed the appeal, setting aside the impugned orders. en-us Tue, 30 Apr 2024 00:00:00 +0530 Wed, 01 May 2024 07:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751953 The CESTAT Chennai ruled in favor of the appellant in a case involving valuation method for excisable goods. The appellant received goods from principal manufacturer and performed job work before selling HDPE bottles to the manufacturer. The revenue demanded duty using Rule 8 of Central Excise Valuation Rules, 2000. The Tribunal held that Rule 8 applies only when goods are not sold, but here the goods were sold to the manufacturer. Following precedent from a coordinate bench decision, the Tribunal found the demand unsustainable and allowed the appeal, setting aside the impugned orders. Case-Laws Central Excise Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751953