https://www.taxtmi.com/caselaws?id=154798 Where ex-factory sales to independent buyers are found genuine and the factory-gate price is ascertainable, that price must govern valuation. The unchallenged finding that the ex-factory price was genuine could not be displaced by treating depot price as the sole basis for assessment with deductions. On that footing, the demand was unsustainable because it rested on a contrary valuation premise. The order confirming duty, penalty and interest was set aside, and the appeal succeeded. en-us Thu, 03 Dec 2009 00:00:00 +0530 Wed, 31 May 2017 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154798 Where ex-factory sales to independent buyers are found genuine and the factory-gate price is ascertainable, that price must govern valuation. The unchallenged finding that the ex-factory price was genuine could not be displaced by treating depot price as the sole basis for assessment with deductions. On that footing, the demand was unsustainable because it rested on a contrary valuation premise. The order confirming duty, penalty and interest was set aside, and the appeal succeeded. Case-Laws Central Excise Thu, 03 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154798