Court Criticizes Lack of Justification in Revenue-Neutral Valuation Case, Highlights Breach of Natural Justice Principles.

Writ petition - Valuation - related person - revenue neutral exercise since the recipient is able to avail Cenvat Credit - in the absence of any reasons having been assigned for not accepting the principal contention raised by the petitioner, it is evident that the impugned order suffers from the vice of breach of principles of natural justice. - HC .....

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