https://www.taxtmi.com/caselaws?id=2151 The Tribunal ruled in favor of the appellants in a dispute over the assessable value of goods manufactured for Hindustan Lever. The Tribunal aligned with a Supreme Court decision, accepting the sale price as the assessable value, rejecting the Adjudicating Commissioner's valuation based on balance sheet value. The Tribunal found no evidence of free supplies and confirmed transactions were on a principal-to-principal basis. The Department's failure to justify the differing treatment of appellants compared to other suppliers led to the appeal being allowed, with consequential benefits granted to the appellants. en-us Mon, 21 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2151 The Tribunal ruled in favor of the appellants in a dispute over the assessable value of goods manufactured for Hindustan Lever. The Tribunal aligned with a Supreme Court decision, accepting the sale price as the assessable value, rejecting the Adjudicating Commissioner's valuation based on balance sheet value. The Tribunal found no evidence of free supplies and confirmed transactions were on a principal-to-principal basis. The Department's failure to justify the differing treatment of appellants compared to other suppliers led to the appeal being allowed, with consequential benefits granted to the appellants. Case-Laws Central Excise Mon, 21 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2151