https://www.taxtmi.com/caselaws?id=52359 The Tribunal set aside the valuation order, ruling in favor of the appellant. It determined that the special provisions for related persons were inapplicable, allowing the use of prices to independent buyers as the assessable value. Discounts offered by the subsidiary should have been deducted, as they were non-uniform but known and non-returnable. Additionally, the inclusion of lease charges for dispensing machines in the syrup's assessable value was unjustified, as leasing was a separate activity from syrup manufacturing and sales. en-us Fri, 05 Dec 2003 00:00:00 +0530 Mon, 01 Jul 2024 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52359 The Tribunal set aside the valuation order, ruling in favor of the appellant. It determined that the special provisions for related persons were inapplicable, allowing the use of prices to independent buyers as the assessable value. Discounts offered by the subsidiary should have been deducted, as they were non-uniform but known and non-returnable. Additionally, the inclusion of lease charges for dispensing machines in the syrup's assessable value was unjustified, as leasing was a separate activity from syrup manufacturing and sales. Case-Laws Central Excise Fri, 05 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52359