![CESTAT quashes Penalty u/s 112A of Customs Act on Undervaluation of Import of Artificial flowers and Photo frames on ground of Absence of Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Artificial-flowers-and-photo-frames.jpg "CESTAT quashes Penalty u/s 112A of Customs Act on Undervaluation of Import of Artificial flowers and Photo frames on ground of Absence of Corroborative Evidence [Read Order]")
CESTAT quashes Penalty u/s 112A of Customs Act on Undervaluation of Import of Artificial flowers and Photo frames on ground of Absence of Corroborative Evidence [Read Order]
The Bangalore bench of the Customs , Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty imposed under section 112A of the Customs...
![Declaration of Transaction Value of Imported Goods cannot be rejected Based on Price of Similar Goods Available in NIDB Data: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Declaration-of-Transaction-Value-of-Imported-Goods-Price-of-Similar-Goods-Declaration-of-Transaction-Value-NIDB-Data-CESTAT-taxscan.jpg "Declaration of Transaction Value of Imported Goods cannot be rejected Based on Price of Similar Goods Available in NIDB Data: CESTAT [Read Order]")
![Determination of Transactional value of Ordinary PU belt without conducting proper Market value enquiry: CESTAT Quashes Customs duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Determination-Transactional-value-Ordinary-PU-belt-conducting-Market-value-enquiry-CESTAT-Quashes-Customs-duty-Demand-taxscan.jpg "Determination of Transactional value of Ordinary PU belt without conducting proper Market value enquiry: CESTAT Quashes Customs duty Demand [Read Order]")
![Enhancement of Value of Imported Goods without Giving Proper Reasons to Reject Transaction Value cannot be Sustained: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Enhancement-Value-Imported-Goods-Proper-Reasons-Reject-Transaction-Value-Sustained-CESTAT-TAXSCAN.jpg "Enhancement of Value of Imported Goods without Giving Proper Reasons to Reject Transaction Value cannot be Sustained: CESTAT [Read Order]")
![Third Party Inspection Charges not Includable in Assessable/Transaction Value of Goods: CESTAT quashes Excise Duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Excise-Duty-Demand-Third-Party-Inspection-Charges-Inspection-Charges-Transaction-Value-of-Goods-Value-of-Goods-Excise-Duty-CESTAT-taxscan.jpg "Third Party Inspection Charges not Includable in Assessable/Transaction Value of Goods: CESTAT quashes Excise Duty Demand [Read Order]")
Excess Freight Collected From Customers, not Includable in Transaction Value for Charging Excise Duty: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that excess freight collected from customers is not includable in transaction value for charging excise...
![Excess Freight Collected From Customers, not Includable in Transaction Value for Charging Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Excess-Freight-Excess-Freight-Collected-From-Customers-Customers-taxscan.jpg "Excess Freight Collected From Customers, not Includable in Transaction Value for Charging Excise Duty: CESTAT [Read Order]")
Inclusion of Subsidy Amount in Transaction Value in Terms of Section 4(3)(d) of Central Excise Act is a matter of Interpretation of Law: CESTAT [Read Order]
In a recent judgment, the New Delhi bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT)has held that inclusion of subsidy amount in transaction value in terms of section 4(3)(d)...
![Inclusion of Subsidy Amount in Transaction Value in Terms of Section 4(3)(d) of Central Excise Act is a matter of Interpretation of Law: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Subsidy-Amount-Transaction-Value-Central-Excise-Act-Central-Excise-Central-Excise-Act-is-a-matter-of-Interpretation-of-Law-Interpretation-of-Law-Law-CESTAT-taxscan.jpg "Inclusion of Subsidy Amount in Transaction Value in Terms of Section 4(3)(d) of Central Excise Act is a matter of Interpretation of Law: CESTAT [Read Order]")
Subsidy received from State Government as Sales Tax Challan not to be included in Transaction Value for levy of Central Excise Duty u/s 4 of Central Excise Act: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that the subsidy received from State Government as Sales Tax Challan not to be included in transaction...
![Subsidy received from State Government as Sales Tax Challan not to be included in Transaction Value for levy of Central Excise Duty u/s 4 of Central Excise Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Subsidy-State-Government-Sales-Tax-Challan-Transaction-Value-Central-Excise-Duty-levy-of-Central-Excise-Duty-Central-Excise-Act-CESTAT-Excise-Customs-Service-Tax-Taxscan-.jpg "Subsidy received from State Government as Sales Tax Challan not to be included in Transaction Value for levy of Central Excise Duty u/s 4 of Central Excise Act: CESTAT [Read Order]")
Change in Business Model shall not be a Reason for Rejecting Transaction Value under Customs Act: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore bench has held that the change in business model shall not be s reason for rejecting the transaction value under the Customs...
![Change in Business Model shall not be a Reason for Rejecting Transaction Value under Customs Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Business-Model-Transaction-Value-Customs-Act-CESTAT-taxscan.jpeg "Change in Business Model shall not be a Reason for Rejecting Transaction Value under Customs Act: CESTAT [Read Order]")
Invoice of Manufacturer is Sufficient to establish ‘Transaction Value’, No Revaluation without further Investigation and Evidence in Contrary: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai bench has held that no revaluation without further investigation and evidence in contrary since invoice of the manufacturer is...
![Invoice of Manufacturer is Sufficient to establish ‘Transaction Value’, No Revaluation without further Investigation and Evidence in Contrary: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Invoice-Manufacturer-Transaction-Value-Revaluation-Investigation-Evidence-CESTAT-taxscan.jpg "Invoice of Manufacturer is Sufficient to establish ‘Transaction Value’, No Revaluation without further Investigation and Evidence in Contrary: CESTAT [Read Order]")
![Royalty need not be included in Transaction Value if Not Paid to Foreign Supplier: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Royalty-Transaction-Value-Foreign-Supplier-CESTAT-Taxscan.jpeg "Royalty need not be included in Transaction Value if Not Paid to Foreign Supplier: CESTAT [Read Order]")
Land Development does not constitute Sale, Taxable at Transaction Value actually Paid: AAR [Read Order]
The Authority on Advance Rulings (AAR) in Karnataka held that land development does not constitute a sale and is hence taxable at the transaction value actually paid of payable of the service as under...
![Land Development does not constitute Sale, Taxable at Transaction Value actually Paid: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Land-Development-GST-AAR-Taxscan.jpg "Land Development does not constitute Sale, Taxable at Transaction Value actually Paid: AAR [Read Order]")