CENEX UPDATE - 07.05.2020

CX - Central Excise Valuation Rules 2000 - As per Rule 10(a), valuation u/s 4(1)(b) of CEA can be resorted to only if buyer & seller are related in a manner as specified u/s 4(3) of the Act: CESTAT ST - Service tax refund claims would be governed by limitation provisions u/s 11B of CEA 1944 - such refund claim cannot be entertained where filed after expiry of limitation period: CESTAT Cus - SCN is foundation and unless an assessee is put to notice, penalty cannot be imposed: CESTAT