https://www.taxtmi.com/caselaws?id=769777 The SC/Tribunal addressed valuation of physician samples for central excise duty. The court held that valuation must be under Rule 4 of the Valuation Rules, 2000, based on pro rata market value. Despite legal uncertainties, the appellant's provisional assessment method was deemed acceptable. The tribunal set aside the show cause notice and penalty, recognizing the lack of willful suppression and compliance with existing circulars during the relevant period. en-us Mon, 09 Dec 2024 00:00:00 +0530 Fri, 02 May 2025 08:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769777 The SC/Tribunal addressed valuation of physician samples for central excise duty. The court held that valuation must be under Rule 4 of the Valuation Rules, 2000, based on pro rata market value. Despite legal uncertainties, the appellant's provisional assessment method was deemed acceptable. The tribunal set aside the show cause notice and penalty, recognizing the lack of willful suppression and compliance with existing circulars during the relevant period. Case-Laws Central Excise Mon, 09 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769777