https://www.taxtmi.com/caselaws?id=40580 Excise valuation had to be based on the wholesale cash price at the factory gate, not on sales to consumers. The Delhi High Court set aside the impugned excise demand and the orders of the Assistant Collector and Appellate Collector, noting the respondents' no objection. It also preserved the authorities' power to redetermine the wholesale cash price in accordance with law after giving the petitioner an opportunity of hearing. en-us Thu, 01 Feb 1979 00:00:00 +0530 Mon, 10 May 2010 18:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40580 Excise valuation had to be based on the wholesale cash price at the factory gate, not on sales to consumers. The Delhi High Court set aside the impugned excise demand and the orders of the Assistant Collector and Appellate Collector, noting the respondents' no objection. It also preserved the authorities' power to redetermine the wholesale cash price in accordance with law after giving the petitioner an opportunity of hearing. Case-Laws Central Excise Thu, 01 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40580