https://www.taxtmi.com/caselaws?id=110578 The tribunal upheld the application of Rule 8 for the valuation of pharmaceutical samples, directing the applicant to deposit Rs. 3.20 lakhs within two months. Subsequently, the waiver of the remaining duty and penalty amount was granted, with recovery stayed. The decision emphasizes adherence to statutory provisions and principles in valuation matters, setting a precedent for similar cases and highlighting the importance of timely compliance with financial obligations in customs and excise issues. en-us Tue, 09 Dec 2003 00:00:00 +0530 Tue, 17 Apr 2012 15:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110578 The tribunal upheld the application of Rule 8 for the valuation of pharmaceutical samples, directing the applicant to deposit Rs. 3.20 lakhs within two months. Subsequently, the waiver of the remaining duty and penalty amount was granted, with recovery stayed. The decision emphasizes adherence to statutory provisions and principles in valuation matters, setting a precedent for similar cases and highlighting the importance of timely compliance with financial obligations in customs and excise issues. Case-Laws Central Excise Tue, 09 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110578