https://www.taxtmi.com/caselaws?id=362154 The Tribunal ruled in favor of the respondent, setting aside the demand of duty confirmed by the Commissioner (Appeals) and dismissing the Revenue's appeal. It held that the valuation of physician samples should be based on the transaction value under Section 4(1)(a) of the Central Excise Act, 1944, as the sale price was available. The Tribunal rejected the application of pro-rata basis for valuation, emphasizing the principle-to-principle transaction between the parties. Consequently, as the demand was deemed unsustainable, the question of penalty was not entertained, resulting in the dismissal of the Revenue's appeal. en-us Tue, 15 May 2018 00:00:00 +0530 Thu, 21 Jun 2018 06:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362154 The Tribunal ruled in favor of the respondent, setting aside the demand of duty confirmed by the Commissioner (Appeals) and dismissing the Revenue's appeal. It held that the valuation of physician samples should be based on the transaction value under Section 4(1)(a) of the Central Excise Act, 1944, as the sale price was available. The Tribunal rejected the application of pro-rata basis for valuation, emphasizing the principle-to-principle transaction between the parties. Consequently, as the demand was deemed unsustainable, the question of penalty was not entertained, resulting in the dismissal of the Revenue's appeal. Case-Laws Central Excise Tue, 15 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362154