https://www.taxtmi.com/caselaws?id=441763 Physician samples are valued under the excise valuation framework applicable to such goods, and the pro rata value of medicaments sold in trade was not accepted as the correct basis. The valuation adopted by the lower authorities was upheld, with duty and interest sustained. On penalty, where the relevant period involved conflicting tribunal views and genuine interpretational uncertainty, and there was no suppression or wilful contravention, penal action under the Central Excise Rules was found unwarranted. The penalty was therefore deleted, leaving the duty and interest demand intact. en-us Thu, 03 Aug 2023 00:00:00 +0530 Thu, 17 Aug 2023 07:45:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441763 Physician samples are valued under the excise valuation framework applicable to such goods, and the pro rata value of medicaments sold in trade was not accepted as the correct basis. The valuation adopted by the lower authorities was upheld, with duty and interest sustained. On penalty, where the relevant period involved conflicting tribunal views and genuine interpretational uncertainty, and there was no suppression or wilful contravention, penal action under the Central Excise Rules was found unwarranted. The penalty was therefore deleted, leaving the duty and interest demand intact. Case-Laws Central Excise Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441763