Relief to Volkswagen: CESTAT Quashes Excise Duty Demand of Approx. 24 Crores on Amount Recovered as Liquidated Damages on ground of Non-violation of Rule 6 of Central Excise Rules [Read Order]

By Shabna Rahim - On November 3, 2023 9:00 am - 2 mins read

Relief to Volkswagen - CESTAT Quashes Excise Duty Demand - Amount Recovered as Liquidated Damages on ground of Non - violation - Central Excise Rules - TAXSCAN

The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) granted relied to Volkswagen India by quashing the excise duty demand of approximately 24 crores on the amount recovered as liquidated damages on the ground of non-violation of Rule 6 of the Central Excise Rules,2002. Volkswagen India Pvt. Ltd, the appellant assessee…

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