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Central Excise - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Valuation of goods manufactured by the appellant and transferred ...


Court Rules Negligible Valuation Difference, No Penalty for Overhead Expense Dispute in Goods Transfer Case.

February 22, 2016

Case Laws     Central Excise     AT

Valuation of goods manufactured by the appellant and transferred to their sister unit - when total is calculated the difference works out to negligible amount. There was some difference of opinion regarding allocation of overhead expenses - no ground for imposing penalty - AT

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