https://www.taxtmi.com/caselaws?id=266863 The Tribunal held that Central Excise duty valuation should be based on depot prices at the time of clearance, not retail sale prices, emphasizing the distinction between wholesale and retail sales for assessment purposes. The appellant's contention that duty for stock transferred goods should be based on depot prices at the time of removal was accepted, and suitable deductions were allowed. The Tribunal set aside the lower authorities' orders and granted relief to the appellant, clarifying the valuation basis and rejecting the presumption that depot prices constitute the normal price for assessment. en-us Mon, 10 Aug 2015 00:00:00 +0530 Mon, 26 Oct 2015 00:48:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266863 The Tribunal held that Central Excise duty valuation should be based on depot prices at the time of clearance, not retail sale prices, emphasizing the distinction between wholesale and retail sales for assessment purposes. The appellant's contention that duty for stock transferred goods should be based on depot prices at the time of removal was accepted, and suitable deductions were allowed. The Tribunal set aside the lower authorities' orders and granted relief to the appellant, clarifying the valuation basis and rejecting the presumption that depot prices constitute the normal price for assessment. Case-Laws Central Excise Mon, 10 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266863