https://www.taxtmi.com/caselaws?id=47024 The Supreme Court dismissed the appeal in a case concerning the interpretation of Section 4(1)(a) of the Central Excise and Salt Act, 1944, regarding the valuation of refrigerators sold to different classes of buyers. The Court upheld the Tribunal's decision, which allowed separate pricing for each buyer category under the first proviso to Section 4(1)(a). The Department's argument against invoking the proviso was rejected, as the existence of different buyer classes justified its application. The judgment emphasized the significance of factual findings and adherence to statutory provisions in excise valuation assessments. en-us Thu, 22 Jul 2004 00:00:00 +0530 Mon, 28 Apr 2014 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47024 The Supreme Court dismissed the appeal in a case concerning the interpretation of Section 4(1)(a) of the Central Excise and Salt Act, 1944, regarding the valuation of refrigerators sold to different classes of buyers. The Court upheld the Tribunal's decision, which allowed separate pricing for each buyer category under the first proviso to Section 4(1)(a). The Department's argument against invoking the proviso was rejected, as the existence of different buyer classes justified its application. The judgment emphasized the significance of factual findings and adherence to statutory provisions in excise valuation assessments. Case-Laws Central Excise Thu, 22 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47024