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Central Excise - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Valuation/undervaluation - the methodology adopted to quantify ...


Quantifying Evaded Duty: Use Sustainable Evidence for Legal Calculations on a Transaction-to-Transaction Basis.

November 4, 2019

Case Laws     Central Excise     AT

Valuation/undervaluation - the methodology adopted to quantify the duty evaded should be sustainable on the evidence available and quantum thereof, needs to be arrived in a logical; rational and legally appropriate manner. - The quantification of the duty liability requires to be arrived strictly on transaction to transaction basis.

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