https://www.taxtmi.com/caselaws?id=778913 CESTAT held that goods cleared to the Railways were marketable and prima facie liable to duty, but the adjudicating authority wrongly invoked Valuation Rule 11 and failed to justify rejecting the appellants' CAS-4 valuation. The Tribunal found the differential duty computation unsupported, set aside the impugned valuation and penalty findings, and concluded Revenue had not established a case for additional duty or penalties. Both appeals were allowed. en-us Tue, 23 Sep 2025 00:00:00 +0530 Thu, 25 Sep 2025 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778913 CESTAT held that goods cleared to the Railways were marketable and prima facie liable to duty, but the adjudicating authority wrongly invoked Valuation Rule 11 and failed to justify rejecting the appellants' CAS-4 valuation. The Tribunal found the differential duty computation unsupported, set aside the impugned valuation and penalty findings, and concluded Revenue had not established a case for additional duty or penalties. Both appeals were allowed. Case-Laws Central Excise Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778913