https://www.taxtmi.com/caselaws?id=116326 Where excisable goods are cleared through a depot treated as the place of removal, assessable value must reflect the price at which the goods are ordinarily sold in wholesale trade from that depot. On that footing, the Tribunal accepted that exclusion of the relevant charges from the Chennai unit's assessable value justified revision and demand of differential duty. It found no legal infirmity in the Commissioner's view, upheld the valuation adopted by the Commissioner (Appeals), and declined to interfere with the order setting aside the adjudication. The Revenue's challenge therefore failed, including the associated penalty demand. en-us Mon, 30 May 2005 00:00:00 +0530 Mon, 11 Jun 2012 14:43:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116326 Where excisable goods are cleared through a depot treated as the place of removal, assessable value must reflect the price at which the goods are ordinarily sold in wholesale trade from that depot. On that footing, the Tribunal accepted that exclusion of the relevant charges from the Chennai unit's assessable value justified revision and demand of differential duty. It found no legal infirmity in the Commissioner's view, upheld the valuation adopted by the Commissioner (Appeals), and declined to interfere with the order setting aside the adjudication. The Revenue's challenge therefore failed, including the associated penalty demand. Case-Laws Central Excise Mon, 30 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116326