https://www.taxtmi.com/caselaws?id=95476 The Tribunal ruled in favor of the appellants in a case concerning the valuation of Bitumen sold under the Administered Price Mechanism. It was found that the sale price, which included the cost of the drum as per the pricing formula, represented the normal price of the goods. The Tribunal concluded that the duty paid by the appellants was in accordance with the law, setting aside the demand for duty, interest, and penalty. The appellants were granted relief, and the deposit made for the appeal was ordered to be returned, emphasizing that the assessable value had been correctly determined. en-us Fri, 02 Feb 2001 00:00:00 +0530 Mon, 12 Dec 2011 16:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95476 The Tribunal ruled in favor of the appellants in a case concerning the valuation of Bitumen sold under the Administered Price Mechanism. It was found that the sale price, which included the cost of the drum as per the pricing formula, represented the normal price of the goods. The Tribunal concluded that the duty paid by the appellants was in accordance with the law, setting aside the demand for duty, interest, and penalty. The appellants were granted relief, and the deposit made for the appeal was ordered to be returned, emphasizing that the assessable value had been correctly determined. Case-Laws Central Excise Fri, 02 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95476