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Central Excise - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

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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