CESTAT Upholds Provisional Assessment of Excise Duty Demand by Deputy Commissioner on Manufacture of Cigarettes in accordance with Principles of CAS-4 [Read Order]

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the provisional assessment of excise duty demand by the deputy commissioner on the manufacture of cigarettes under the principles of Cost Accounting Standards (CAS-4).ITC Ltd, the appellant assessee are manufacturer of cigarettes and Packaging Materials like Shells, Slides, Printed Sheets Gold…