https://www.taxtmi.com/caselaws?id=346093 The Tribunal ruled in favor of the appellant, holding that expenses on advertisement, gifts, and event sponsorship should not be added to the assessable value of goods. The appellant had already incurred these expenses, debited them in their accounts, and did not recover any part from buyers, making them part of the assessable value. The Tribunal found the Revenue's argument unsustainable and allowed the appeal with consequential relief. en-us Wed, 21 Jun 2017 00:00:00 +0530 Fri, 09 Feb 2018 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346093 The Tribunal ruled in favor of the appellant, holding that expenses on advertisement, gifts, and event sponsorship should not be added to the assessable value of goods. The appellant had already incurred these expenses, debited them in their accounts, and did not recover any part from buyers, making them part of the assessable value. The Tribunal found the Revenue's argument unsustainable and allowed the appeal with consequential relief. Case-Laws Central Excise Wed, 21 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346093