https://www.taxtmi.com/caselaws?id=91809 The appellants were involved in a dispute over the assessable value of goods for Central Excise duty purposes due to a Sales Promotion Scheme. The Commissioner/Collector held them liable for duty, but the appellants argued that market competition necessitated price reductions without any extra consideration. The Judge agreed with the appellants, emphasizing the need for evidence of additional considerations influencing prices. The appeal was allowed in favor of the appellants, highlighting the importance of complying with statutory provisions like Section 4 of the Central Excises and Salt Act, 1944 in determining assessable value for excisable goods. en-us Mon, 17 May 1999 00:00:00 +0530 Fri, 21 Oct 2011 11:28:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91809 The appellants were involved in a dispute over the assessable value of goods for Central Excise duty purposes due to a Sales Promotion Scheme. The Commissioner/Collector held them liable for duty, but the appellants argued that market competition necessitated price reductions without any extra consideration. The Judge agreed with the appellants, emphasizing the need for evidence of additional considerations influencing prices. The appeal was allowed in favor of the appellants, highlighting the importance of complying with statutory provisions like Section 4 of the Central Excises and Salt Act, 1944 in determining assessable value for excisable goods. Case-Laws Central Excise Mon, 17 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91809