https://www.taxtmi.com/caselaws?id=336479 The case involved the valuation of refrigerators sold in bulk to a soft drink manufacturer under Section 4 or Section 4A of the Central Excise Act, 1944. The Supreme Court affirmed the appellant's valuation under Section 4A, based on MRP minus abatement, dismissing the Revenue's appeal. The Court relied on precedents and settled legal positions, emphasizing the distinction between MRP and contract price. The judgment clarified the correct valuation method for such transactions and upheld the application of Section 4A, concluding the issue conclusively in the appellant's favor. en-us Thu, 15 Dec 2016 00:00:00 +0530 Thu, 29 Dec 2016 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336479 The case involved the valuation of refrigerators sold in bulk to a soft drink manufacturer under Section 4 or Section 4A of the Central Excise Act, 1944. The Supreme Court affirmed the appellant's valuation under Section 4A, based on MRP minus abatement, dismissing the Revenue's appeal. The Court relied on precedents and settled legal positions, emphasizing the distinction between MRP and contract price. The judgment clarified the correct valuation method for such transactions and upheld the application of Section 4A, concluding the issue conclusively in the appellant's favor. Case-Laws Central Excise Thu, 15 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336479