https://www.taxtmi.com/caselaws?id=192825 The Tribunal ruled in favor of the assessee, a manufacturer of flashlight torches, determining that sales made to institutional buyers should be taxed under Section 4, not Section 4A. The appellant successfully argued that the products were intended for promotional purposes and not retail sale, supported by evidence of removal of MRP from goods sold to institutional buyers. Citing a Supreme Court ruling and previous Tribunal decisions, it was established that goods supplied as free gifts need not have an MRP. As a result, the appeal by the assessee was allowed, and all appeals by the Revenue were dismissed. en-us Thu, 21 Jan 2016 00:00:00 +0530 Fri, 23 Jun 2017 09:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192825 The Tribunal ruled in favor of the assessee, a manufacturer of flashlight torches, determining that sales made to institutional buyers should be taxed under Section 4, not Section 4A. The appellant successfully argued that the products were intended for promotional purposes and not retail sale, supported by evidence of removal of MRP from goods sold to institutional buyers. Citing a Supreme Court ruling and previous Tribunal decisions, it was established that goods supplied as free gifts need not have an MRP. As a result, the appeal by the assessee was allowed, and all appeals by the Revenue were dismissed. Case-Laws Central Excise Thu, 21 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192825