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Central Excise - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Valuation - Extended period of limitation - appellants willfully ...


Appellants Misused Scheme as Discount, Evaded Duties with Deception, Exploiting Excise Valuation Limitation Period.

February 28, 2019

Case Laws     Central Excise     AT

Valuation - Extended period of limitation - appellants willfully misdeclared the scheme as that of quantity discount, without passing on the benefit of said quantity discount to distributors, but to benefit itself in respect of free replacements made for damaged/ expired goods - Such colorable devices and instruments used for evasion of duty.

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