https://www.taxtmi.com/caselaws?id=30081 The case involved disputes over the valuation of glass bottles for Aerated water supply and duty calculation based on M.R.P. versus actual sale price. The Tribunal ruled in favor of the Respondents, stating that duty should be paid based on M.R.P. and not the actual sale price. The inclusion of amortized cost of containers in assessable value was also contested, with the Tribunal upholding the assessment based on M.R.P. and rejecting the Department's request for an audit of the respondent's accounts. The Department's appeals were dismissed, affirming the correctness of the assessment methodology. en-us Tue, 26 Feb 2008 00:00:00 +0530 Wed, 06 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30081 The case involved disputes over the valuation of glass bottles for Aerated water supply and duty calculation based on M.R.P. versus actual sale price. The Tribunal ruled in favor of the Respondents, stating that duty should be paid based on M.R.P. and not the actual sale price. The inclusion of amortized cost of containers in assessable value was also contested, with the Tribunal upholding the assessment based on M.R.P. and rejecting the Department's request for an audit of the respondent's accounts. The Department's appeals were dismissed, affirming the correctness of the assessment methodology. Case-Laws Central Excise Tue, 26 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30081