https://www.taxtmi.com/caselaws?id=113712 A mere comparison of selling price with cost of production, without evidence of financial flow back from buyers or other supporting circumstances, was held insufficient to deny prima facie relief in a pre-deposit and stay application. The challenge concerned rejection of transaction value and re-determination of value under the valuation rules on the basis that the goods were sold below cost. In these circumstances, the assessee was found to have established a strong prima facie case, and waiver of pre-deposit with stay of recovery of duty and penalty was granted during pendency of the appeal. en-us Wed, 08 Oct 2003 00:00:00 +0530 Mon, 07 May 2012 18:29:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113712 A mere comparison of selling price with cost of production, without evidence of financial flow back from buyers or other supporting circumstances, was held insufficient to deny prima facie relief in a pre-deposit and stay application. The challenge concerned rejection of transaction value and re-determination of value under the valuation rules on the basis that the goods were sold below cost. In these circumstances, the assessee was found to have established a strong prima facie case, and waiver of pre-deposit with stay of recovery of duty and penalty was granted during pendency of the appeal. Case-Laws Central Excise Wed, 08 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113712