Value of Scrap Cleared by Paying Excise Duty cannot be Included in Assessable Value: CESTAT [Read Order]

Paying Excise Duty - Value of Scrap - Assessable Value - CESTAT - paying excise duty of scrap - taxscan

The Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the value of scrap cleared by excise duty cannot be included in the assessable value. M/s. Shilpa Steel & Power Ltd, the appellant is a manufacturer of rolled products of Iron & Steel and it also had undertaken job…

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