https://www.taxtmi.com/caselaws?id=119356 The Tribunal set aside the impugned order concerning duty demands and penalties on manufacturers of TV sets, directing the Commissioner to base the assessable value on the price at which sets were sold by a related person to unrelated parties. The Commissioner was instructed to accept deductions for freight, sales tax, and trade discount as per the Central Excise Act, and to adopt the approved assessable value of identical sets sold by the related buyer for a fair assessment process. en-us Mon, 19 Dec 2005 00:00:00 +0530 Tue, 10 Jul 2012 16:25:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119356 The Tribunal set aside the impugned order concerning duty demands and penalties on manufacturers of TV sets, directing the Commissioner to base the assessable value on the price at which sets were sold by a related person to unrelated parties. The Commissioner was instructed to accept deductions for freight, sales tax, and trade discount as per the Central Excise Act, and to adopt the approved assessable value of identical sets sold by the related buyer for a fair assessment process. Case-Laws Central Excise Mon, 19 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119356