https://www.taxtmi.com/caselaws?id=41911 Where refund was granted on the settled excise valuation principle that assessable value is the manufacturer's arm's-length sale price to stockists, a revisional notice under Section 35A was held to be without jurisdiction. The court noted that the relevant facts were undisputed, the price lists already disclosed the material figures, and no further factual enquiry was required. It further accepted that the Assistant Collector had jurisdiction to entertain and grant the refund under the applicable refund rules. A notice based on a misreading of settled law and unsupported factual assumptions was therefore liable to be quashed. en-us Fri, 16 Mar 1984 00:00:00 +0530 Mon, 07 Jun 2010 18:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41911 Where refund was granted on the settled excise valuation principle that assessable value is the manufacturer's arm's-length sale price to stockists, a revisional notice under Section 35A was held to be without jurisdiction. The court noted that the relevant facts were undisputed, the price lists already disclosed the material figures, and no further factual enquiry was required. It further accepted that the Assistant Collector had jurisdiction to entertain and grant the refund under the applicable refund rules. A notice based on a misreading of settled law and unsupported factual assumptions was therefore liable to be quashed. Case-Laws Central Excise Fri, 16 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41911