https://www.taxtmi.com/caselaws?id=105901 Sale price of steel sheet cuttings and remnants sold by the manufacturer was the correct assessable value for excise duty under Section 4 of the Central Excise Act. In the absence of any allegation in the show cause notice, or finding in the impugned order, that the buyer relationship was non-commercial or that price was not the sole consideration, the statutory scheme required adoption of the transaction value. The duty demands based on a different valuation method were therefore unsustainable, and consequential relief followed. en-us Wed, 12 May 1999 00:00:00 +0530 Sat, 10 Mar 2012 13:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105901 Sale price of steel sheet cuttings and remnants sold by the manufacturer was the correct assessable value for excise duty under Section 4 of the Central Excise Act. In the absence of any allegation in the show cause notice, or finding in the impugned order, that the buyer relationship was non-commercial or that price was not the sole consideration, the statutory scheme required adoption of the transaction value. The duty demands based on a different valuation method were therefore unsustainable, and consequential relief followed. Case-Laws Central Excise Wed, 12 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105901