https://www.taxtmi.com/caselaws?id=107646 Excise valuation of aerated waters under Section 4(1)(a) must be based on the normal commercial price to unrelated buyers, and that price cannot be rejected merely because such sales are limited in volume. Deductions for usage charges, sales tax and discounts must be computed on a consistent and relevant basis, so the valuation issue required fresh reconsideration. A subsidy from the parent company, being a contribution towards losses and not additional consideration from the buyer, was held not includible in assessable value under Rule 5. Confiscation of land, building, plant and machinery with redemption fine was found unjustified in a valuation dispute and was set aside. en-us Tue, 15 Jul 2003 00:00:00 +0530 Sat, 24 Mar 2012 10:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107646 Excise valuation of aerated waters under Section 4(1)(a) must be based on the normal commercial price to unrelated buyers, and that price cannot be rejected merely because such sales are limited in volume. Deductions for usage charges, sales tax and discounts must be computed on a consistent and relevant basis, so the valuation issue required fresh reconsideration. A subsidy from the parent company, being a contribution towards losses and not additional consideration from the buyer, was held not includible in assessable value under Rule 5. Confiscation of land, building, plant and machinery with redemption fine was found unjustified in a valuation dispute and was set aside. Case-Laws Central Excise Tue, 15 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107646