https://www.taxtmi.com/caselaws?id=244455 The Tribunal dismissed the Revenue's appeal against the dropping of a duty demand, ruling that the Respondents were not liable to pay duty as the manufacturer was considered to be M/s Gramophone Company of India Ltd. The duty calculation based on the selling price of M/s GCIL was deemed inappropriate, following precedent that the buyers' price to their sellers cannot determine the assessable value. The Tribunal emphasized the specific averment in the Show Cause Notice regarding the manufacturer status and selling price, leading to the decision in favor of the Respondents. en-us Thu, 04 Jul 2013 00:00:00 +0530 Thu, 27 Feb 2014 06:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244455 The Tribunal dismissed the Revenue's appeal against the dropping of a duty demand, ruling that the Respondents were not liable to pay duty as the manufacturer was considered to be M/s Gramophone Company of India Ltd. The duty calculation based on the selling price of M/s GCIL was deemed inappropriate, following precedent that the buyers' price to their sellers cannot determine the assessable value. The Tribunal emphasized the specific averment in the Show Cause Notice regarding the manufacturer status and selling price, leading to the decision in favor of the Respondents. Case-Laws Central Excise Thu, 04 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244455