The case involved the determination of assessable value u/s 4 of ...

CESTAT ruled on assessable value under Section 4 of Central Excise Act. Expenses not in cash but as benefits are not included.

Case Laws Central Excise

June 7, 2024

The case involved the determination of assessable value u/s 4 of Central Excise Act and Rule 6 of Valuation Rules. The issue was the inclusion of non-cash benefits as additional consideration. CESTAT held that demand on "Trade Margin" was not sustainable, following a precedent. Another bench set aside adverse inferences, noting the sensitivity of the product and PSU status. The impugned order was found meritless and set aside, allowing the appeal.

View Source

← Previous Next →

The case involved the determination of assessable value u/s 4 of ...

CESTAT ruled on assessable value under Section 4 of Central Excise Act. Expenses not in cash but as benefits are not included.

Case Laws Central Excise

June 7, 2024

You may also like:

The appellant sought refund of Countervailing Duty (CVD) and Special Additional Duty (SAD) paid in cash u/s 11B of the Central Excise Act, 1944 read with Section 142(3)...

Refund of unutilized Cenvat credit - Other than Rule 5 of Cenvat Credit Rules, there is no other provision either in Cenvat Credit Rules, 2004 or in Central Excise...

Assessable value – As per Rule 5 of the Central Excise (Valuation) Rules, 2000, the transportation charges shown separately in the invoice or charge separately are not...

The CESTAT, an Appellate Tribunal, addressed the issue of continuing an appeal post the NCLT's approval of the resolution plan. Referring to Rule 22 of CESTAT...

The Department of Commerce (DoC) has issued clarifications regarding the newly inserted SEZ Rule 11B, notified on 6.12.2023, which allows the setup of non-SEZ IT/ITES...

The case involves an appeal before CESTAT regarding continuation post Corporate Insolvency Resolution Process (CIRP) under IBC, 2016. NCLT approved a Resolution Plan...

Transportation of goods without issue of invoice - Rule 55 of the Central Goods and Services Tax Rules, 2017 - Rule 55(5) amended to include Transportation in batches or lots

Amendments to various rules and forms - Central Goods and Services Tax (Amendment) Rules, 2022 - Notification

Central Goods and Services Tax (Seventh Amendment) Rules, 2018 - Corresponding rules amended accordingly.

Penalty on directors - Rule 26 of the Central Excise Rules - Rule 26 is prima facie in excess of the Rule making power conferred under the Central Excise Act, 1944 - HC

Companies (Central Government's) General Rules and Forms (Fifth Amendment) Rules, 2012 - (Form 23AC & 23ACA) - Notification

Revocation of registration under Central Excise - Revocation of registration, not provided for in Central Excise Rules, 2002 and only in exercise of power of Central...

Business profit - benefits and perquisites in cash - the apex courts have interpreted that if the benefit or perquisite are in cash, it is not covered within the scope...

Facility of deposit of tax through UPI / IMPS added - Transfer of Cash Balance in ELC to distinct person - Electronic Cash Ledger - Sub-Rule (3), (5) amended - New...

This case deals with the valuation of imported goods, specifically whether license fees and management fees paid to related parties should be included in the assessable...

Quick Updates: