CENEX UPDATE – 14.08.2020

CX - Excisable goods should be used for 'consumption' in the production or manufacture of other articles - CTD bars/rods cleared to sister concerns in expansion projects (civil or construction works) cannot be valued under rule 8 of the Valuation Rules: CESTAT

ST - Service tax being a central levy, requires all the assessees to be treated on the same platform: CESTAT

Cus - Appellants were helping importers in evasion by allowing them to warehouse goods and subsequently allowing clearances without payment of said SAD; penalties rightly imposed: CESTAT