https://www.taxtmi.com/caselaws?id=379847 The Tribunal held that the valuation of Physician samples sold on a Principle to Principle basis should be based on the transaction value under Section 4 of the Central Excise Act, 1944, rather than a pro-rata of Maximum Retail Price (MRP). The appellant's argument was supported by previous judgments, and the Tribunal found that the samples were not ultimately sold and did not carry any MRP. Consequently, the department's contention was rejected, and the impugned orders were set aside, with the appeals allowed. The Revenue's appeal to enhance the penalty was also dismissed. en-us Wed, 27 Feb 2019 00:00:00 +0530 Thu, 09 May 2019 06:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379847 The Tribunal held that the valuation of Physician samples sold on a Principle to Principle basis should be based on the transaction value under Section 4 of the Central Excise Act, 1944, rather than a pro-rata of Maximum Retail Price (MRP). The appellant's argument was supported by previous judgments, and the Tribunal found that the samples were not ultimately sold and did not carry any MRP. Consequently, the department's contention was rejected, and the impugned orders were set aside, with the appeals allowed. The Revenue's appeal to enhance the penalty was also dismissed. Case-Laws Central Excise Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379847