https://www.taxtmi.com/caselaws?id=47269 The Supreme Court affirmed that the assessable value for goods should be based on the selling price of a related person, M/s. Nemaru. Deductions for secondary packing costs were allowed, while freight, insurance, and handling charges were disallowed. Deductions for octroi, turnover tax, and certain bought-out items were permitted with proof of payment. The demand for differential duty without a show cause notice was deemed invalid. The matter was remanded to re-examine the related person status post-organizational changes. The decision emphasized strict deduction interpretation and procedural compliance for duty demands. en-us Fri, 01 Apr 2005 00:00:00 +0530 Mon, 13 Oct 2014 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47269 The Supreme Court affirmed that the assessable value for goods should be based on the selling price of a related person, M/s. Nemaru. Deductions for secondary packing costs were allowed, while freight, insurance, and handling charges were disallowed. Deductions for octroi, turnover tax, and certain bought-out items were permitted with proof of payment. The demand for differential duty without a show cause notice was deemed invalid. The matter was remanded to re-examine the related person status post-organizational changes. The decision emphasized strict deduction interpretation and procedural compliance for duty demands. Case-Laws Central Excise Fri, 01 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47269