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Larger Bench rules in favor of assessee: Use transaction value, not MRP, for wholesale packing valuation in Roys Industries case.
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....Valuation - whole sale packing - MRP Based or Transaction value - The majority decision of the Larger Bench in the case of Roys Industries [2010 (9) TMI 257] cannot be followed - Decided in favor of assessee. - AT....
TaxTMI
TaxTMI