https://www.taxtmi.com/caselaws?id=466813 Where goods are transferred to depots or consignment agents and sold there, valuation under Section 4 read with Rule 7 requires using the normal transaction value of goods sold from that other place; discounts given at the time of sale from the depot reduce the transaction value and are not includible in assessable value. A presumptive factory removal value does not supplant the definitive depot sale price, and absence of provisional assessment does not change this methodology. Relief by adjustment or refund is available where gross duty was charged but net depot sale price (after discounts) is the true transaction value, subject to document verification and unjust enrichment checks. en-us Mon, 23 Sep 2024 00:00:00 +0530 Fri, 20 Feb 2026 20:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466813 Where goods are transferred to depots or consignment agents and sold there, valuation under Section 4 read with Rule 7 requires using the normal transaction value of goods sold from that other place; discounts given at the time of sale from the depot reduce the transaction value and are not includible in assessable value. A presumptive factory removal value does not supplant the definitive depot sale price, and absence of provisional assessment does not change this methodology. Relief by adjustment or refund is available where gross duty was charged but net depot sale price (after discounts) is the true transaction value, subject to document verification and unjust enrichment checks. Case-Laws Central Excise Mon, 23 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466813