https://www.taxtmi.com/caselaws?id=3041 The tribunal upheld the decision of the Ld. Commissioner (Appeals) in favor of granting a refund to the respondent for duty paid on finished goods cleared at a value higher than the purchase order price. The tribunal emphasized that subsequent price adjustments did not affect the finality of the purchase order price for duty calculation. The decision highlighted that the duty incidence was not passed on to the buyer, justifying the refund claim. The tribunal dismissed the Revenue's appeal, citing the alignment of Section 4 with the transaction value principle used by the respondent for duty payment. en-us Thu, 04 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3041 The tribunal upheld the decision of the Ld. Commissioner (Appeals) in favor of granting a refund to the respondent for duty paid on finished goods cleared at a value higher than the purchase order price. The tribunal emphasized that subsequent price adjustments did not affect the finality of the purchase order price for duty calculation. The decision highlighted that the duty incidence was not passed on to the buyer, justifying the refund claim. The tribunal dismissed the Revenue's appeal, citing the alignment of Section 4 with the transaction value principle used by the respondent for duty payment. Case-Laws Central Excise Thu, 04 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3041