Amount of TCS not additional consideration flowing from Buyer to Appellant hence not chargeable as Excise Duty: CESTAT [Read Order]

TCS - chargeable - Excise Duty - CESTAT - taxscan

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that, the Amount of TCS (Tax Collected at Source) is not additional consideration flowing from buyer to appellant and hence not chargeable as Excise Duty. The appellant, YashrajContaineurs Ltd is engaged in the manufacture of M.S Drums falling…

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