https://www.taxtmi.com/caselaws?id=94212 The Tribunal, in a majority decision supported by a third member, held that reduced prices declared by the respondents in a revised contract could not be approved for assessment purposes. The Tribunal emphasized that any change in price should be derived from the contract itself and that extraneous factors like maintaining future business relationships did not justify price reductions. The appeal of the Revenue was allowed, and the matter was remanded for final orders by the referring Bench. en-us Tue, 20 Apr 1999 00:00:00 +0530 Sat, 19 Nov 2011 18:06:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94212 The Tribunal, in a majority decision supported by a third member, held that reduced prices declared by the respondents in a revised contract could not be approved for assessment purposes. The Tribunal emphasized that any change in price should be derived from the contract itself and that extraneous factors like maintaining future business relationships did not justify price reductions. The appeal of the Revenue was allowed, and the matter was remanded for final orders by the referring Bench. Case-Laws Central Excise Tue, 20 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94212