2009 (3) TMI 866

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....SDR, for the Respondent. [Order per : P.G. Chacko, Member (J)]. - After examining the records and hearing both sides, we note that the lower authorities have confirmed demand of duty of over Rs. 12 lakhs against the appellants along with interest on duty as also penalty. Towards the above demand, the appellants have paid Rs. 4.86 lakhs towards duty on medicaments cleared as 'physician's samples....

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....s what is contained in para (20) of the High Court's judgment, wherein it was held that, where the goods were sold and delivered at the time and place of removal, the basis of valuation would be the transaction value at each removal. Admittedly, in the present case, the goods in question were sold by the assessee to their customers. It appears, the payment of duty on the transaction value is in ac....