https://www.taxtmi.com/caselaws?id=444198 Genuine ex-factory sales to unrelated buyers were treated as the normal price for valuation under Section 4(1)(a) where the documentary record showed such sales across the relevant period for all disputed products. The proportion of factory gate sales was irrelevant once genuineness was established, and the Revenue produced no material to disprove the factory gate prices or show that the buyers were only special classes. On that basis, depot prices could not replace the normal price for valuation, so the demand based on depot pricing was not sustainable and the penalty also failed. en-us Wed, 13 Sep 2023 00:00:00 +0530 Tue, 10 Oct 2023 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444198 Genuine ex-factory sales to unrelated buyers were treated as the normal price for valuation under Section 4(1)(a) where the documentary record showed such sales across the relevant period for all disputed products. The proportion of factory gate sales was irrelevant once genuineness was established, and the Revenue produced no material to disprove the factory gate prices or show that the buyers were only special classes. On that basis, depot prices could not replace the normal price for valuation, so the demand based on depot pricing was not sustainable and the penalty also failed. Case-Laws Central Excise Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444198