https://www.taxtmi.com/caselaws?id=243611 The Tribunal analyzed the provisions of the old and new Section 4 of the Central Excise Act and concluded that 'Transaction Value' under the new Section 4 includes any amount payable by the buyer to the assessee by reason of the sale, whether payable at the time of sale or later. The Tribunal emphasized the evolving nature of valuation concepts and the need for a comprehensive interpretation of 'Transaction Value' under the new Section 4, potentially referring the issue to a Larger Bench for clarification. en-us Wed, 29 Jan 2014 00:00:00 +0530 Thu, 06 Feb 2014 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243611 The Tribunal analyzed the provisions of the old and new Section 4 of the Central Excise Act and concluded that 'Transaction Value' under the new Section 4 includes any amount payable by the buyer to the assessee by reason of the sale, whether payable at the time of sale or later. The Tribunal emphasized the evolving nature of valuation concepts and the need for a comprehensive interpretation of 'Transaction Value' under the new Section 4, potentially referring the issue to a Larger Bench for clarification. Case-Laws Central Excise Wed, 29 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243611