https://www.taxtmi.com/caselaws?id=3630 The Tribunal upheld the appellate Commissioner's decision to exclude Minimum Take or Pay (MTOP) charges from the assessable value of goods for duty calculation. The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, ruling that the MTOP charges were not additional consideration for the goods sold. The imposition of duty and penalty on the assessee for collecting MTOP amounts from the buyer was rejected, citing legal precedent and established principles. en-us Mon, 26 Nov 2007 00:00:00 +0530 Mon, 21 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3630 The Tribunal upheld the appellate Commissioner's decision to exclude Minimum Take or Pay (MTOP) charges from the assessable value of goods for duty calculation. The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, ruling that the MTOP charges were not additional consideration for the goods sold. The imposition of duty and penalty on the assessee for collecting MTOP amounts from the buyer was rejected, citing legal precedent and established principles. Case-Laws Central Excise Mon, 26 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3630