Excise Duty not Payable on House Mark Engraved on Gold Coins: CESTAT [Read Order]

The CESTAT viewed that the demand of duty alleging that the gold coins bear a brand name cannot be sustained and set aside the same
By Yogitha S. Yogesh - On June 23, 2024 5:04 pm - 2 mins read
CESTAT Excise - Customs - Excise duty - Gold coins - CESTAT chennai - TAXSCAN

The Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has held that excise duty is not payable on the mark engraved on gold coins as it is just a house mark. The Tribunal viewed that the mark is not a brand name. M/s.AVR Swarnamahal Jewelry Limited, the appellant/assessee is engaged…

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