https://www.taxtmi.com/caselaws?id=752563 CESTAT Hyderabad dismissed the appeal in a case involving differential Central Excise Duty demand with interest and penalty. The assessee allegedly inflated freight charges through a dummy transport unit to reduce assessable value below the average composite price paid by oil companies, violating Section 4(1)(b) of Central Excise Act, 1944 and related rules. Following the SC precedent in MM Cylinders, the Tribunal held that departmental awareness of transport arrangements and freight abatement claims does not establish knowledge of intricate manipulation by the company. en-us Tue, 20 Feb 2024 00:00:00 +0530 Mon, 13 May 2024 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752563 CESTAT Hyderabad dismissed the appeal in a case involving differential Central Excise Duty demand with interest and penalty. The assessee allegedly inflated freight charges through a dummy transport unit to reduce assessable value below the average composite price paid by oil companies, violating Section 4(1)(b) of Central Excise Act, 1944 and related rules. Following the SC precedent in MM Cylinders, the Tribunal held that departmental awareness of transport arrangements and freight abatement claims does not establish knowledge of intricate manipulation by the company. Case-Laws Central Excise Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752563