https://www.taxtmi.com/caselaws?id=764611 The court determined that the value of sprouts sold by the appellant should be included in the assessable value of "Malt" for excise duty purposes. The appellant retained proceeds from the sprout sales, which constitutes a value addition to the "Malt." The court relied on the Supreme Court's precedent in M/s. Ujagar Prints Ltd. and upheld the decision of the lower authorities. The appeal was dismissed, affirming the inclusion of sprout value in the assessable value and upholding the excise duty demand along with interest and penalties. en-us Tue, 14 Jan 2025 00:00:00 +0530 Wed, 15 Jan 2025 07:36:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764611 The court determined that the value of sprouts sold by the appellant should be included in the assessable value of "Malt" for excise duty purposes. The appellant retained proceeds from the sprout sales, which constitutes a value addition to the "Malt." The court relied on the Supreme Court's precedent in M/s. Ujagar Prints Ltd. and upheld the decision of the lower authorities. The appeal was dismissed, affirming the inclusion of sprout value in the assessable value and upholding the excise duty demand along with interest and penalties. Case-Laws Central Excise Tue, 14 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764611