https://www.taxtmi.com/caselaws?id=207729 The note addresses valuation of physician samples, clarifying that where goods are cleared to independent buyers on contractual price and consideration is received, the assessable value is to be transaction value under Section 4(1)(a), rather than MRP under alternate provisions. The reasoning rests on fulfilment of transaction value prerequisites sale at time and place of removal, absence of relatedness, and price as sole consideration and on characterisation of samples as cleared on receipt of consideration in a principal-to-principal sale, with the operative effect that valuation by transaction value/CAS-4 is sustained. en-us Tue, 01 Feb 2011 00:00:00 +0530 Mon, 19 Jan 2026 16:39:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207729 The note addresses valuation of physician samples, clarifying that where goods are cleared to independent buyers on contractual price and consideration is received, the assessable value is to be transaction value under Section 4(1)(a), rather than MRP under alternate provisions. The reasoning rests on fulfilment of transaction value prerequisites sale at time and place of removal, absence of relatedness, and price as sole consideration and on characterisation of samples as cleared on receipt of consideration in a principal-to-principal sale, with the operative effect that valuation by transaction value/CAS-4 is sustained. Case-Laws Central Excise Tue, 01 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207729