https://www.taxtmi.com/caselaws?id=332521 The Tribunal determined that the price charged by MGL to OMCs for CNG constituted the transaction value for duty purposes under Section 4(1)(a) of the CEA. Discounts provided to OMCs were classified as trade discounts, not commissions. The transactions between MGL and OMCs were on a principal-to-principal basis, and not on an agency basis. The Tribunal set aside the demands and penalties, ultimately allowing the appeals with consequential relief. en-us Wed, 24 Aug 2016 00:00:00 +0530 Sat, 19 Aug 2017 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332521 The Tribunal determined that the price charged by MGL to OMCs for CNG constituted the transaction value for duty purposes under Section 4(1)(a) of the CEA. Discounts provided to OMCs were classified as trade discounts, not commissions. The transactions between MGL and OMCs were on a principal-to-principal basis, and not on an agency basis. The Tribunal set aside the demands and penalties, ultimately allowing the appeals with consequential relief. Case-Laws Central Excise Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332521