https://www.taxtmi.com/caselaws?id=92531 The Tribunal dismissed the appeal, upholding the decision that advertising expenses incurred by Blow Plast Ltd for goods manufactured by VIP Industries Ltd should not be included in the assessable value. The absence of evidence showing an agreement mandating Blow Plast to incur these expenses was crucial. Allegations of under-valuation based on disproportionate advertising expenses were rejected, with the Tribunal emphasizing the lack of obligation for Blow Plast to bear such costs. The ruling aligned with the Supreme Court precedent that advertising expenses benefiting both dealer and manufacturer should not impact assessable value, leading to the appeal's dismissal. en-us Wed, 06 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 12:53:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92531 The Tribunal dismissed the appeal, upholding the decision that advertising expenses incurred by Blow Plast Ltd for goods manufactured by VIP Industries Ltd should not be included in the assessable value. The absence of evidence showing an agreement mandating Blow Plast to incur these expenses was crucial. Allegations of under-valuation based on disproportionate advertising expenses were rejected, with the Tribunal emphasizing the lack of obligation for Blow Plast to bear such costs. The ruling aligned with the Supreme Court precedent that advertising expenses benefiting both dealer and manufacturer should not impact assessable value, leading to the appeal's dismissal. Case-Laws Central Excise Wed, 06 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92531