Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (8) TMI 880 - CESTAT HYDERABAD

2016 (8) TMI 880 - CESTAT HYDERABAD - TMI - Demand alongwith interest and penalty - sale of free samples to pharmaceutical companies - appellants had determined the value of physician samples under Section 4(1)(a) and adopted a notional transaction value for payment of duty under Section 4 rather than partly assessed under Section 4A on the basis of MRP and partly assessed under Section 4 on the basis of transaction value under Circular No.625/16/2002-CX dt. 28/02/2002 - Held that:- the issue is .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Final Order No. A/30523/2016 - Dated:- 2-6-2016 - Ms. Sulekha Beevi, C.S., Member (Judicial) and Sh. Madhu Mohan Damodhar, Member (Technical) Shri Y. Sreenivasa Reddy, Advocate for the appellant. Ms. C. Changsan, Deputy Commissioner (AR) for the respondent. ORDER [Order per: Sulekha Beevi, CES.] Brief facts:- 1.1 . The appellant is engaged in manufacture of P or P medicaments, which are notified under Section 4A of Central Excise Act, 1944 and also in accordance with the provision of Drugs and C .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

hts and Measures (Packaged Commodities) Rules, 1977, the appellant does not declare the MRP. In such cases, the medicaments are sold by appellants against purchase order placed by pharmaceutical companies for price agreed upon. These are not given free of cost by appellant to pharmaceutical companies. Since they are sold for price, MRP is not required to be affixed and appellants discharged the duty under Sec 4 (1)(a) of the Act. 1.3. The appellants manufactured the physician samples in the same .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version