2018 (11) TMI 899

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....er (Taxation) for Appellant Shri. A.B. Kulgod, Asst. Comm. (AR) & Shri S Hasija, Supdt. (AR) for respondent ORDER Per: Mrs. Archana Wadhwa 1. Both the appeals are being disposed off by a common order, as they arise out of the same impugned order passed by the authorities below, vide which demand of duty of Rs. 2,03,421/- and Rs. 43,684/- stands confirmed against M/s. Padmaja Laboratori....

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....he actual cost of the raw-material was not verified at the time of sending the goods by M/s.Asian Paints Ltd., such cost was being adopted on the basis of previous year's balance sheet. Revenue was of the view that there was escalation of the raw-materials subsequently and such escalated cost should have been taken into consideration. Accordingly, Revenue initiated proceedings against them by way ....

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.... had already discharged the additional differential duty as also the fact that the duty paid by the assessee was being availed as credit by M/s.Asian Paints Ltd., thus leading to a revenue neutral situation, we note that the legal issue also sands decided by the Hon'ble Supreme Court in favour of the assessee, in the case of CCE, Pune Vs. Mahindra Ugine Steel Ltd., reported in 2015 (318) ELT 592 (....