Using of Word ‘Commission’ instead of ‘profit Margins’ in HPCL has no Adverse Inference: CESTAT sets aside Excise Duty Demand on Sale of CNG to HPCL [Read Order]

The CESTAT set aside the excise duty demanded on sale of CNG
HPCL - Excise - Duty - Demand - Customs - Appellate - Tribunal - Excise - Service - Tax - TAXSCAN

The Hyderabad bench of the Customs, Excise & Service Tax Appellate Tribunal,( CESTAT ) has held that using of word ‘Commission’ instead of ‘profit Margins’ in Hindustan Petroleum Company Ltd (HPCL) has no adverse inference and set aside the excise Duty demanded on sale of CNG to HPCL. Bhagyanagar Gas Ltd, the Appellant is a…

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