[In the matter of M/s. Tafe Motors & Tractors Ltd v. Commissioner of Excise, Jaipur] Date of Hearing/Decision: 02.03.2016 BRIEF FACTS The Appellant is engaged in the manufacture of automotive IC Engine and was working under the provisional assessment for the period 01.04.2006   to 31.03.2007 which was finalized only on 16.11.2007. On finalization of the … Continue reading ADJUSTMENT IS ALLOWED ON FINALISATION OF THE PROVISIONAL ASSESSMENT BY WAY OF NEUTRALISING THE SHORT PAID DUTY WITH THE EXCESS PAID DUTY

[Citation: M/s Rathi Transpower Pvt. Ltd. v. Commissioner of Central Excise, Pune-III] [Date of hearing- February 03, 2016 and date of decision February 10, 2016] BRIEF FACTS The Appellant is engaged in the manufacture of excisable goods and selling the products to various distributors and dealers. The Appellants entered into an agreement with some of … Continue reading COST OF ADVERTISEMENT CANNOT BE ADDED TO THE ASSESSABLE VALUE UNLESS IT IS MANDATORY FOR THE DEALERS AS A CONDITION OF DEALERSHIP TO TAKE ADVERTISING MATERIAL FROM THE MANUFACTURER