2016 (5) TMI 561 - SCH - Central Excise

Valuation - Abatement of equalized/averaged sales tax - Whether the appellants are eligible for abatement of equalized / averaged sales tax from transaction value under Section 4 of the Central Excise Act - Tribunal held that the deduction towards additional sales tax and octroi can be allowed on equalised basis. Therefore, appellants are entitled to claim the abatement of equalized sales tax from the transaction value reported in 2014 (10) TMI 190 - CESTAT CHENNAI and 2015 (1) TMI 174 - CESTAT CHENNAI - Apex Court dismissed the department s appeal as being devoid of any merit.

Summary

The Supreme Court in a 2016 judgment, with judges H.L. Dattu, Abhay Manohar Sapre, and Amitava Roy, dismissed the appeals as they were deemed devoid of merit.