https://www.taxtmi.com/caselaws?id=117177 The appellate tribunal upheld the Commissioner (Appeals) order, dismissing the Revenue's appeal. The tribunal accepted the valuation under Section 4(1)(a) based on prices declared by the respondent in wholesale trade, finding no contestation by the department. The judgment emphasized consistent pricing practices and the use of audited balance sheets for valuation under the Central Excise Act 1944, rejecting claims of undervaluation. en-us Thu, 22 Dec 2005 00:00:00 +0530 Wed, 20 Jun 2012 17:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117177 The appellate tribunal upheld the Commissioner (Appeals) order, dismissing the Revenue's appeal. The tribunal accepted the valuation under Section 4(1)(a) based on prices declared by the respondent in wholesale trade, finding no contestation by the department. The judgment emphasized consistent pricing practices and the use of audited balance sheets for valuation under the Central Excise Act 1944, rejecting claims of undervaluation. Case-Laws Central Excise Thu, 22 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117177