Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeIndirect TaxesDepot Price Lists Can’t Be Basis for Valuation: CESTAT Quashes Rs. 18-Crore...

Depot Price Lists Can’t Be Basis for Valuation: CESTAT Quashes Rs. 18-Crore Excise Demand 

Indirect Taxes

Published on

By Mariya Paliwala
Depot Price Lists Can’t Be Basis for Valuation: CESTAT Quashes Rs. 18-Crore Excise Demand

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Delhi, has quashed a major excise duty demand raised on the company along with penalties on two former senior executives.  The bench of Justice Dilip Gupta (President) and P.V. Subba Rao (Technical Member) has observed that the valuation adopted by the Department—based on depot price lists—had…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Notification

GST Collections Cross Rs. 2 Lakh Crore In September 2026

India’s gross Goods and Services Tax (GST) collections rose 14.7% year-on-year to ₹2,03,521 crore...
GST

Ocean Freight IGST Refund Can’t Be Denied for Payments Before Mohit Minerals Ruling: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Surat Bench, has held that refund...
GST

ITC On Resort Construction Blocked Despite Taxable Business Use; ₹9.32 Lakh Demand Upheld: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has dismissed a resort’s...
GST

ITC Reversal Dispute Involves Question Of Law, Can’t Be Decided Merely By Checking GST Returns: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Chennai Bench, has held that a...

More like this

Notification

GST Collections Cross Rs. 2 Lakh Crore In September 2026

India’s gross Goods and Services Tax (GST) collections rose 14.7% year-on-year to ₹2,03,521 crore...
GST

Ocean Freight IGST Refund Can’t Be Denied for Payments Before Mohit Minerals Ruling: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Surat Bench, has held that refund...
GST

ITC On Resort Construction Blocked Despite Taxable Business Use; ₹9.32 Lakh Demand Upheld: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has dismissed a resort’s...