https://www.taxtmi.com/caselaws?id=85328 Exemption under Notification No. 120/75-C.E. depended on whether the invoice value reflected the genuine commercial price actually charged. The authorities found that the assessee's price was fully commercial, and the Revenue produced no material to show that a single-customer supply agreement or profit-margin stipulation had distorted that price. A contractual limit on the customer's profit margin, by itself, was insufficient to displace the invoice price or deny the exemption. The assessee therefore retained the notification benefit, and the Revenue's objection failed. en-us Wed, 24 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 12:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85328 Exemption under Notification No. 120/75-C.E. depended on whether the invoice value reflected the genuine commercial price actually charged. The authorities found that the assessee's price was fully commercial, and the Revenue produced no material to show that a single-customer supply agreement or profit-margin stipulation had distorted that price. A contractual limit on the customer's profit margin, by itself, was insufficient to displace the invoice price or deny the exemption. The assessee therefore retained the notification benefit, and the Revenue's objection failed. Case-Laws Central Excise Wed, 24 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85328