Duty demand unsustainable in absence of under-valuation in costing of the product

Commissioner of Central Excise Vs Bata India Limited (CESTAT Kolkata) CESTAT Kolkata held that central excise duty demand not sustainable as there was no under-valuation in the costing of the product i.e. footwear components. Facts- The appellant manufactured and removed footwear components for use within the factory and in their own factories at other places as well as for use by their job workers for manufacture of complete footwear. They did not make proper determination of assessable value of the said goods in terms of Section 4 of the Central Excise Act, 1944 read with Central Excise (Val...