Sprout Value Must Be Included in Malt’s Assessable Value: CESTAT Delhi

Malsters & Blenders (India) Pvt. Ltd. Vs Commissioner of Central Excise Respondent and CGST Commissionerate (CESTAT Delhi) Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) in Delhi has dismissed an appeal filed by Malsters & Blenders (India) Pvt. Ltd., affirming a demand for short-paid central excise duty totaling ₹14,88,495, along with interest and penalties. The dispute centers on the valuation of “Malt” manufactured on a job-work basis for M/s. United Breweries Limited (UBL), specifically whether the value of “sprouts” generated during the manuf...