Ultimate Selling Price from depot Irrelevant in determining Assessable Value, Import Parity Price published by Platts accepted for valuation of Petroleum Products: CESTAT [Read Order]

By Devanand T R - On June 17, 2023 11:06 am - 2 mins read
Ultimate Selling Price from depot - Irrelevant in determining Assessable Value - Import Parity Price published by Platts accepted for valuation of - Petroleum Products - CESTAT - TAXSCAN

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Kolkata has held that the Ultimate Selling Price from the depot is irrelevant in determining the Assessable Value whereas the Import Parity Price published by Platts shall be accepted for the valuation of Petroleum Products under the Central Excise Regime. The appeal was filed by M/s….

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader