https://www.taxtmi.com/caselaws?id=91135 Excise valuation turned on whether the appellant's factory gate prices were genuine or whether depot prices should be used instead. The Tribunal applied an earlier decision on similar facts and sale pattern, holding that a larger volume of depot sales did not by itself make factory gate prices non-genuine. In the absence of additional evidence showing that the factory gate sales were not real, the same reasoning applied and depot prices could not be adopted for valuation. The demand and penalty were therefore set aside in favour of the assessee. en-us Tue, 10 Feb 1998 00:00:00 +0530 Fri, 14 Oct 2011 10:53:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91135 Excise valuation turned on whether the appellant's factory gate prices were genuine or whether depot prices should be used instead. The Tribunal applied an earlier decision on similar facts and sale pattern, holding that a larger volume of depot sales did not by itself make factory gate prices non-genuine. In the absence of additional evidence showing that the factory gate sales were not real, the same reasoning applied and depot prices could not be adopted for valuation. The demand and penalty were therefore set aside in favour of the assessee. Case-Laws Central Excise Tue, 10 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91135