IN THE CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL, KOLKATA REGIONAL BENCH – COURT NO.2 (Arising out of Order-in-Appeal No. 58/KOL-V/2018 dated 04.04.2018 passed by Commissioner of CGST & Central Excise (Appeal-I), Kolkata.)

M/s Khaitan Winding Wire Pvt. Ltd, (653. Biren Roy, Road, (W), Moynagarh, 24 Parganas Bengal, Pin-743352, P-38, India Exchange Place, 3^rd Floor, Kolkata.)

...Appellant VERSUS Commissioner of CGST & Central Excise-Kolkata-V, (GST, Bhawan, 180, shantipally, Main Road Rajdanga, Kolkata-700107)

.. ...Respondent APPERANCE :

Shri Sudarshan Shit, A.R. for the Appellant Shri D. Sue, Authorized Representative for the Respondent CORAM:

HON’BLE MR. R. MURALIDHAR MEMBER (JUDICIAL)

HON’BLE MR. RAJEEV TANDON MEMBER (TECHNICAL)

Final Order No…75442/2026 DATE OF HEARING : 23.03.2026 DATE OF DECISION : 23.03.2026 PER R. Muralhdhar :

The issue involved in the present appeal relates to the valuation of goods, namely insulated wires and bare copper wires, cleared by the appellant during the financial years 2003–04 and 2004–05. The Department alleged that the value adopted by the appellant during the said period was incorrect, resulting in evasion of central excise duty amounting to R