Undervaluation - cost of lignite extraction - once petitioned ...
Court Rules Against Appellant: Petitioned Lignite Price Not Approved, Misclassified as Transaction Value.
November 26, 2018
Case Laws Central Excise AT
Undervaluation - cost of lignite extraction - once petitioned price has not been approved by this authority, the appellant has no right to recover the same from RWPL - the petitioned price cannot be categorised as price actually payable. Hence, is wrongly considered as the transaction value.
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