https://www.taxtmi.com/caselaws?id=757203 CESTAT Bangalore dismissed Revenue's appeal challenging assessable value determination for goods transferred to depots. The appellant failed to properly apply Rule 7 of Central Excise Valuation Rules 2000 by incorrectly matching depot sale prices with factory clearance timing and applying wrong depot prices to clearances. The adjudicating authority correctly verified data and applied proper valuation methodology. Revenue provided no contrary evidence to establish incorrect application of Rule 7 valuation principles. en-us Thu, 27 Jun 2024 00:00:00 +0530 Tue, 20 Aug 2024 08:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757203 CESTAT Bangalore dismissed Revenue's appeal challenging assessable value determination for goods transferred to depots. The appellant failed to properly apply Rule 7 of Central Excise Valuation Rules 2000 by incorrectly matching depot sale prices with factory clearance timing and applying wrong depot prices to clearances. The adjudicating authority correctly verified data and applied proper valuation methodology. Revenue provided no contrary evidence to establish incorrect application of Rule 7 valuation principles. Case-Laws Central Excise Thu, 27 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757203