https://www.taxtmi.com/caselaws?id=41162 For valuation under section 4(a) of the Central Excises and Salt Act, 1944, where arm's length wholesale sales to independent dealers are established, the assessable value is the wholesale cash price charged to those independent wholesale dealers at the factory gate. The fact that most sales were routed through a related person does not displace that benchmark, and the number or proportion of independent sales is not determinative once such genuine wholesale dealings exist. The assessable value therefore had to be fixed by reference to sales to independent wholesale dealers, not transactions with the related dealer. en-us Mon, 06 Sep 1976 00:00:00 +0530 Fri, 21 May 2010 13:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41162 For valuation under section 4(a) of the Central Excises and Salt Act, 1944, where arm's length wholesale sales to independent dealers are established, the assessable value is the wholesale cash price charged to those independent wholesale dealers at the factory gate. The fact that most sales were routed through a related person does not displace that benchmark, and the number or proportion of independent sales is not determinative once such genuine wholesale dealings exist. The assessable value therefore had to be fixed by reference to sales to independent wholesale dealers, not transactions with the related dealer. Case-Laws Central Excise Mon, 06 Sep 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41162