Relief for SAIL: CESTAT Sets Aside Excise Duty Demand on Inter-Unit Transfers Due to Revenue Neutrality [Read Order]

The Kolkata Bench of Customs,Excise and Service Tax Appellate Tribunal(CESTAT) recently ruled in favor of Steel Authority of India Limited (SAIL), setting aside the excise duty demand of ₹13.02 crore related to inter-unit transfers, citing revenue neutrality. Steel Authority of India Limited,appellant-assessee,manufactured refractory materials and supplied them to both its own units and independent buyers….