https://www.taxtmi.com/caselaws?id=76760 The Tribunal overturned the decision of the Commissioner (Appeals) and ruled that hire charges paid by the owner of specialized tankers to the appellant should not be included in the assessable value for duty calculation. The Tribunal found insufficient evidence to support the contention that the hire charges were an indirect consideration received from the buyers, emphasizing the lack of factual substantiation in the case. Citing the definition of transaction value under the Central Excise Act, the Tribunal held that the hire charges should only be included if directly or indirectly received from the buyers, which was not proven in this instance. The appeal was allowed, granting consequential relief to the appellant. en-us Thu, 06 Aug 2009 00:00:00 +0530 Fri, 16 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76760 The Tribunal overturned the decision of the Commissioner (Appeals) and ruled that hire charges paid by the owner of specialized tankers to the appellant should not be included in the assessable value for duty calculation. The Tribunal found insufficient evidence to support the contention that the hire charges were an indirect consideration received from the buyers, emphasizing the lack of factual substantiation in the case. Citing the definition of transaction value under the Central Excise Act, the Tribunal held that the hire charges should only be included if directly or indirectly received from the buyers, which was not proven in this instance. The appeal was allowed, granting consequential relief to the appellant. Case-Laws Central Excise Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76760