https://www.taxtmi.com/caselaws?id=51621 Assessable value under section 4(1)(a) was to be based on the ex-factory price charged to independent wholesale buyers, because the goods were sold at the factory gate and no evidence showed any extra consideration flowing back to the seller. Regular filing of approved price lists supported acceptance of the normal price, and there was no basis to substitute the depot sale price. The Tribunal also relied on an earlier decision in the same parties' case, noting that it had not been shown to have been reversed or disregarded. On that basis, the demand was not sustainable. en-us Tue, 02 Jul 2002 00:00:00 +0530 Mon, 27 Sep 2010 11:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51621 Assessable value under section 4(1)(a) was to be based on the ex-factory price charged to independent wholesale buyers, because the goods were sold at the factory gate and no evidence showed any extra consideration flowing back to the seller. Regular filing of approved price lists supported acceptance of the normal price, and there was no basis to substitute the depot sale price. The Tribunal also relied on an earlier decision in the same parties' case, noting that it had not been shown to have been reversed or disregarded. On that basis, the demand was not sustainable. Case-Laws Central Excise Tue, 02 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51621