CESTAT Quashes Excise Duty Demand on Manufacture of TMT Bars on ground of Inclusion of Rule 10(b) of Central Excise Valuation Rules [Read Order]

By Shabna Rahim - On October 10, 2023 9:00 pm - 2 mins read

CESTAT - Quashes - Excise Duty Demand - Manufacture of TMT Bars - ground of Inclusion - Central Excise Valuation Rules - taxscan

The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the excise duty demand on manufacture of TMT Bars on the ground of Inclusion of Rules 10(b) of Central Excise Valuation Rules,1944. Nalwa Steels and Power Ltd, the appellant assessee was a manufacturer of TMT bars of various grades and…

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