https://www.taxtmi.com/caselaws?id=116507 The appellant was successful in challenging a duty demand of over Rs. 3 lakhs and a penalty of Rs. 50,000 imposed for non-payment of duty on costs like Royalty, Advertisement, Business Promotion, and Commission. The Commissioner (Appeals) held that expenses enhancing the marketability of the final product should be included in the transaction value for duty payment. The judgment emphasized that the assessable value of excisable goods is based on the wholesale price, rejecting the need for separate duty payment on individual cost items. The appeal was allowed with consequential relief as the impugned order was deemed contrary to the Central Excise Act's valuation provisions. en-us Tue, 23 Aug 2005 00:00:00 +0530 Wed, 13 Jun 2012 11:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116507 The appellant was successful in challenging a duty demand of over Rs. 3 lakhs and a penalty of Rs. 50,000 imposed for non-payment of duty on costs like Royalty, Advertisement, Business Promotion, and Commission. The Commissioner (Appeals) held that expenses enhancing the marketability of the final product should be included in the transaction value for duty payment. The judgment emphasized that the assessable value of excisable goods is based on the wholesale price, rejecting the need for separate duty payment on individual cost items. The appeal was allowed with consequential relief as the impugned order was deemed contrary to the Central Excise Act's valuation provisions. Case-Laws Central Excise Tue, 23 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116507