https://www.taxtmi.com/caselaws?id=246323 The Tribunal allowed the appeal, criticizing the department's lack of reasoning in determining assessable value based solely on Maximum Retail Price (MRP) without considering cost elements. The Tribunal emphasized the importance of justifying decisions with proper reasoning and evidence, ultimately permitting variations in MRP and dispensing with the pre-deposit requirement. en-us Fri, 02 Dec 2011 00:00:00 +0530 Sun, 20 Apr 2014 16:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246323 The Tribunal allowed the appeal, criticizing the department's lack of reasoning in determining assessable value based solely on Maximum Retail Price (MRP) without considering cost elements. The Tribunal emphasized the importance of justifying decisions with proper reasoning and evidence, ultimately permitting variations in MRP and dispensing with the pre-deposit requirement. Case-Laws Central Excise Fri, 02 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246323