https://www.taxtmi.com/caselaws?id=635 The Tribunal upheld the Commissioner (Appeals)'s decision in an appeal regarding the assessable value of Polyester Sewing Thread sold to a related person without declaration. It ruled that if goods are sold at the same price to independent and related buyers, the assessable value should be based on the price available to independent buyers under Section 4 (1) (a) of the Central Excise Act, 1944. The Tribunal dismissed the Revenue's appeal, emphasizing the importance of consistency in pricing practices and aligning assessable values with market prices for goods sold to both related and independent parties. en-us Wed, 22 Mar 2006 00:00:00 +0530 Sun, 13 Apr 2008 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=635 The Tribunal upheld the Commissioner (Appeals)'s decision in an appeal regarding the assessable value of Polyester Sewing Thread sold to a related person without declaration. It ruled that if goods are sold at the same price to independent and related buyers, the assessable value should be based on the price available to independent buyers under Section 4 (1) (a) of the Central Excise Act, 1944. The Tribunal dismissed the Revenue's appeal, emphasizing the importance of consistency in pricing practices and aligning assessable values with market prices for goods sold to both related and independent parties. Case-Laws Central Excise Wed, 22 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=635