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Central Excise - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Valuation - Job work - Undervaluation of assessable value by the ...


Company Penalized for Deliberately Undervaluing Job Work by Ignoring CAS-4 Method for 22 Months, Evading Duty Liability.

June 14, 2017

Case Laws     Central Excise     AT

Valuation - Job work - Undervaluation of assessable value by the appellant by not adopting CAS-4 valuation for as many as 22 months is nothing but a deliberate undervaluation with the intention of evading full duty liability required to be discharged under law - demand with penalty confirmed - AT

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