https://www.taxtmi.com/caselaws?id=106776 The judgment found in favor of the appellants in the Central Excise valuation case concerning foot wear manufactured by Liberty Shoes Group. The impugned order alleging undervaluation and short levy of Central Excise duty from 1991-1996 was set aside. The court held that the addition of 15% to the ex-factory price was unjustified, emphasizing that the assessable value should align with the manufacturer's price, not the distributors' price. The decision highlighted the importance of consistency in trade practices and ruled out fraudulent intent on the part of the appellants. en-us Wed, 06 Nov 2002 00:00:00 +0530 Thu, 15 Mar 2012 16:28:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106776 The judgment found in favor of the appellants in the Central Excise valuation case concerning foot wear manufactured by Liberty Shoes Group. The impugned order alleging undervaluation and short levy of Central Excise duty from 1991-1996 was set aside. The court held that the addition of 15% to the ex-factory price was unjustified, emphasizing that the assessable value should align with the manufacturer's price, not the distributors' price. The decision highlighted the importance of consistency in trade practices and ruled out fraudulent intent on the part of the appellants. Case-Laws Central Excise Wed, 06 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106776