https://www.taxtmi.com/caselaws?id=99393 The Tribunal set aside the duty demand and penalty imposed on the appellant by the Central Excise Authorities for metal containers supplied to a specific buyer. The Tribunal ruled that the advance received influenced the price, necessitating a re-adjustment of the assessable value to reflect the benefit obtained by the appellant. It was held that only the impact of interest-free advances should be considered in determining the duty demand, and prices from other buyers should not be adopted for assessment. The Deputy Commissioner was directed to recalculate the duty demand and re-evaluate the penalty amount accordingly. en-us Mon, 18 Dec 2000 00:00:00 +0530 Fri, 27 Jan 2012 11:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99393 The Tribunal set aside the duty demand and penalty imposed on the appellant by the Central Excise Authorities for metal containers supplied to a specific buyer. The Tribunal ruled that the advance received influenced the price, necessitating a re-adjustment of the assessable value to reflect the benefit obtained by the appellant. It was held that only the impact of interest-free advances should be considered in determining the duty demand, and prices from other buyers should not be adopted for assessment. The Deputy Commissioner was directed to recalculate the duty demand and re-evaluate the penalty amount accordingly. Case-Laws Central Excise Mon, 18 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99393