https://www.taxtmi.com/caselaws?id=268436 Excise valuation of brake linings could not be re-determined on the basis of brand owners' sale prices or traders' quotations where there was no reliable evidence of authorised brand use, manufacture to brand specifications, or extra consideration over invoice price; the invoice price had to be accepted. Private register entries also could not be treated as sets of eight brake linings merely on an uncorroborated and retracted statement, especially where the records themselves and raw material position did not support that inference; the entries were to be read as individual brake linings. Duty and penalties therefore required recomputation on that basis. en-us Thu, 16 Apr 2015 00:00:00 +0530 Fri, 12 Feb 2016 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268436 Excise valuation of brake linings could not be re-determined on the basis of brand owners' sale prices or traders' quotations where there was no reliable evidence of authorised brand use, manufacture to brand specifications, or extra consideration over invoice price; the invoice price had to be accepted. Private register entries also could not be treated as sets of eight brake linings merely on an uncorroborated and retracted statement, especially where the records themselves and raw material position did not support that inference; the entries were to be read as individual brake linings. Duty and penalties therefore required recomputation on that basis. Case-Laws Central Excise Thu, 16 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268436