https://www.taxtmi.com/caselaws?id=759246 CESTAT Ahmedabad held that demands for undervaluation of tiles based on dealer statements showing sales above declared MRP/RSP were set aside for pre-01.03.2008 period, following Acme Ceramics precedent confirmed by Larger Bench. The Larger Bench ruled it impermissible to ascertain retail sale price without proper declaration on packages for clearances before Central Excise Rules 2008 came into force. Penalties on manufacturer and individuals were also set aside. Post-01.03.2008 demands were remanded to adjudicating authority for reconsideration. en-us Mon, 23 Sep 2024 00:00:00 +0530 Thu, 26 Sep 2024 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759246 CESTAT Ahmedabad held that demands for undervaluation of tiles based on dealer statements showing sales above declared MRP/RSP were set aside for pre-01.03.2008 period, following Acme Ceramics precedent confirmed by Larger Bench. The Larger Bench ruled it impermissible to ascertain retail sale price without proper declaration on packages for clearances before Central Excise Rules 2008 came into force. Penalties on manufacturer and individuals were also set aside. Post-01.03.2008 demands were remanded to adjudicating authority for reconsideration. Case-Laws Central Excise Mon, 23 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759246