https://www.taxtmi.com/caselaws?id=328801 For valuation under section 4 of the Central Excise Act, 1944, the price charged by the assessee to its distributors had to be accepted as the transaction value because it was the sole consideration and no additional flowback was shown. The later free distribution of the small packs by the distributors under a promotional scheme was extraneous to the assessable value, as the relevant transaction was between the assessee and the distributors. The attempt to substitute the price of larger retail packs for the declared Re. 1/- value was therefore unsustainable, and the declared price remained the correct assessable value. en-us Thu, 12 May 2016 00:00:00 +0530 Mon, 14 Nov 2016 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328801 For valuation under section 4 of the Central Excise Act, 1944, the price charged by the assessee to its distributors had to be accepted as the transaction value because it was the sole consideration and no additional flowback was shown. The later free distribution of the small packs by the distributors under a promotional scheme was extraneous to the assessable value, as the relevant transaction was between the assessee and the distributors. The attempt to substitute the price of larger retail packs for the declared Re. 1/- value was therefore unsustainable, and the declared price remained the correct assessable value. Case-Laws Central Excise Thu, 12 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328801