https://www.taxtmi.com/caselaws?id=46966 The Supreme Court upheld the Tribunal's decisions on excise duty liability, consideration for sale, printing of retail sale price, and imposition of penalty and interest. The appellant's actions to avoid duty payment by not printing prices before transferring goods justified the penalty imposed under Sections 11AC and 11AB. The Court dismissed the appeal, affirming the Tribunal's findings that the printed retail sale price was the sole consideration for the sale, leading to the levy of duty at 18% ad valorem on color television sets. en-us Wed, 05 May 2004 00:00:00 +0530 Thu, 18 Jan 2018 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46966 The Supreme Court upheld the Tribunal's decisions on excise duty liability, consideration for sale, printing of retail sale price, and imposition of penalty and interest. The appellant's actions to avoid duty payment by not printing prices before transferring goods justified the penalty imposed under Sections 11AC and 11AB. The Court dismissed the appeal, affirming the Tribunal's findings that the printed retail sale price was the sole consideration for the sale, leading to the levy of duty at 18% ad valorem on color television sets. Case-Laws Central Excise Wed, 05 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46966