TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CESTAT Bangalore Waives Pre-deposit & Stays Recovery for Manufacturer of P&P Medicines</h1> <h3>WALLACE LABORATORIES (P) LTD. Versus COMMISSIONER OF CENTRAL EXCISE, BELGAUM</h3> The Appellate Tribunal CESTAT Bangalore waived pre-deposit of dues and stayed recovery for a manufacturer of P & P medicines selling products marked ... Waiver of pre-deposit - Valuation of goods - Distribution of free samples - Held that:- As far as the assessee is concerned, the impugned products are cleared on sale for consideration. The transaction value is available, the valuation based on Section 4A of identical products need not be adopted - Therefore, there shall be waiver of pre-deposit of dues as per the impugned order and stay of recovery thereof till the disposal of the appeal - Stay granted. The Appellate Tribunal CESTAT Bangalore heard a case involving a manufacturer of P & P medicines selling products marked as 'free samples' to third parties. The tribunal waived pre-deposit of dues and stayed recovery until appeal disposal.
TaxTMI 
