https://www.taxtmi.com/caselaws?id=442555 Goods cleared to C & F agents and later sold to distributors were stated to be sold after removal from the factory, so valuation was not to proceed under Section 4(1)(a) of the Central Excise Act, 1944. The note states that the proper basis was normal transaction value under Section 4(1)(b) read with Rule 7 of the Central Excise Valuation Rules, 2000. Where the distributor arrangement was on a principal-to-principal basis and the distributors were not shown to be agents, contractual distributor discount was a permissible deduction, and other admissible deductions such as cash discount, quantity discount and PME were also to be considered while finalising provisional assessments. 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 Goods cleared to C & F agents and later sold to distributors were stated to be sold after removal from the factory, so valuation was not to proceed under Section 4(1)(a) of the Central Excise Act, 1944. The note states that the proper basis was normal transaction value under Section 4(1)(b) read with Rule 7 of the Central Excise Valuation Rules, 2000. Where the distributor arrangement was on a principal-to-principal basis and the distributors were not shown to be agents, contractual distributor discount was a permissible deduction, and other admissible deductions such as cash discount, quantity discount and PME were also to be considered while finalising provisional assessments. Case-Laws Central Excise Fri, 25 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442555