https://www.taxtmi.com/caselaws?id=120535 Goods transferred from depots to dealers or consignment agents were to be assessed on the normal transaction value at the depot, because the assessee also sold goods from those depots to independent buyers. The assessable value therefore could not be based on the subsequent disposal of goods at dealers' or agents' premises. Relying on the Board circular, the demand and penalty were treated as not prima facie sustainable, and recovery was stayed pending disposal of the appeal. en-us Tue, 05 Dec 2006 00:00:00 +0530 Sat, 21 Jul 2012 10:34:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120535 Goods transferred from depots to dealers or consignment agents were to be assessed on the normal transaction value at the depot, because the assessee also sold goods from those depots to independent buyers. The assessable value therefore could not be based on the subsequent disposal of goods at dealers' or agents' premises. Relying on the Board circular, the demand and penalty were treated as not prima facie sustainable, and recovery was stayed pending disposal of the appeal. Case-Laws Central Excise Tue, 05 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120535