2018 (4) TMI 901

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....hudesai, Supdt. (A.R.) for department Shri Vipin Jain Advocate with Shri Vishal Agarwal, Advocate for respondent Per : Ramesh Nair The fact of the case is that the Respondents have cleared goods to customers against Advance Intermediate licence/ Annual Advance Licences which were invalidating these licences in favour of Respondent. The Respondent cleared the goods at a rate lower than wha....

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.... value as per Section 4 of the Central Excise Act. The information was with held by the Respondent from the Department. The details of advance licence was submitted only after enquiry. The contract price was influenced by surrender of Advance licences by their customers, in their favour and in lieu thereof, Advance Licences being made available to the Respondent, the additional consideration flowi....

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....Vishal Agarwal, Advocate reiterates the findings of the impugned orders and submits that the demand is time barred as well as are not sustainable on grounds of revenue neutrality. He relies upon Tribunal order in case of Reliance Industries Ltd. vs. Commissioner 2009 (244) ELT 254 (TRI), Jaiprakash industries Ltd. vs. Commissioner 2002 (146) ELT 481 (SC). Mentha & Allied Products Ltd. Vs. Commissi....