https://www.taxtmi.com/caselaws?id=284858 The Appellate Tribunal CESTAT CHENNAI dismissed the Revenue's appeal in a case concerning the assessable value of petroleum products cleared by M/s. Indian Oil Corporation to its own retail outlets. The Tribunal rejected the Revenue's presumption of commission charges, highlighting that the retail outlets belonged to the respondent and no external dealers were involved in the sales. Emphasizing the absence of commission charges and the direct sales model, the Tribunal ruled in favor of the respondent, emphasizing the importance of factual evidence and legal principles in determining taxation implications in such scenarios. en-us Tue, 10 Jan 2017 00:00:00 +0530 Sat, 14 Dec 2019 10:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284858 The Appellate Tribunal CESTAT CHENNAI dismissed the Revenue's appeal in a case concerning the assessable value of petroleum products cleared by M/s. Indian Oil Corporation to its own retail outlets. The Tribunal rejected the Revenue's presumption of commission charges, highlighting that the retail outlets belonged to the respondent and no external dealers were involved in the sales. Emphasizing the absence of commission charges and the direct sales model, the Tribunal ruled in favor of the respondent, emphasizing the importance of factual evidence and legal principles in determining taxation implications in such scenarios. Case-Laws Central Excise Tue, 10 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284858