https://www.taxtmi.com/caselaws?id=442555 The Appellate Tribunal CESTAT KOLKATA heard appeals by the Revenue regarding the valuation of lubricating oils and allied preparations under Section 4 of the Central Excise Act, 1944 for the years 2005 to 2008. The Tribunal determined that the valuation should be based on the normal transaction value after allowing deductions for cash discounts, quantity discounts, and PME, but not for distributors' discounts. The Tribunal upheld the Commissioner's decision, concluding that the distributors were not acting as agents of the manufacturer. Consequently, the Revenue's appeals were dismissed, affirming the valuation method based on the normal transaction value with specified deductions. en-us Fri, 25 Aug 2023 00:00:00 +0530 Tue, 05 Sep 2023 08:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442555 The Appellate Tribunal CESTAT KOLKATA heard appeals by the Revenue regarding the valuation of lubricating oils and allied preparations under Section 4 of the Central Excise Act, 1944 for the years 2005 to 2008. The Tribunal determined that the valuation should be based on the normal transaction value after allowing deductions for cash discounts, quantity discounts, and PME, but not for distributors' discounts. The Tribunal upheld the Commissioner's decision, concluding that the distributors were not acting as agents of the manufacturer. Consequently, the Revenue's appeals were dismissed, affirming the valuation method based on the normal transaction value with specified deductions. Case-Laws Central Excise Fri, 25 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442555