https://www.taxtmi.com/caselaws?id=281125 The Tribunal upheld the Commissioner (Appeals)' decision, ruling that the sale price to an independent buyer should prevail over Rule 8 valuation when the same goods are sold on a principal to principal basis. The Tribunal emphasized that in cases where goods are supplied to a job worker but also sold to independent buyers, the sale price to the independent buyer should be used for valuation, as supported by precedents like Ispat Industries Ltd. and Handy Wires Pvt. Ltd. The Revenue's appeal was dismissed. en-us Fri, 02 Dec 2016 00:00:00 +0530 Wed, 05 Jun 2019 06:22:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281125 The Tribunal upheld the Commissioner (Appeals)' decision, ruling that the sale price to an independent buyer should prevail over Rule 8 valuation when the same goods are sold on a principal to principal basis. The Tribunal emphasized that in cases where goods are supplied to a job worker but also sold to independent buyers, the sale price to the independent buyer should be used for valuation, as supported by precedents like Ispat Industries Ltd. and Handy Wires Pvt. Ltd. The Revenue's appeal was dismissed. Case-Laws Central Excise Fri, 02 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281125