https://www.taxtmi.com/caselaws?id=92060 A revised price list under Rule 173C(vi) that genuinely reduces assessable value is effective from the date of filing when later approved on identical facts, because the approval relates back rather than postponing operation until formal sanction. The Tribunal applied its earlier view that such approval confirms the revised list and governs clearances made in the intervening period before approval. On that basis, the revised assessable value applied from 2 March 1992, and the Revenue's challenge failed. en-us Thu, 19 Nov 1998 00:00:00 +0530 Mon, 24 Oct 2011 13:04:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92060 A revised price list under Rule 173C(vi) that genuinely reduces assessable value is effective from the date of filing when later approved on identical facts, because the approval relates back rather than postponing operation until formal sanction. The Tribunal applied its earlier view that such approval confirms the revised list and governs clearances made in the intervening period before approval. On that basis, the revised assessable value applied from 2 March 1992, and the Revenue's challenge failed. Case-Laws Central Excise Thu, 19 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92060