Valuation of excisable goods - genuine factory gate price - No ...

Court Finds No Evidence of Special Buyer Classes, Rejects Revenue's Claims on Factory Gate Pricing Validity.

May 27, 2022

Case Laws Central Excise AT

Valuation of excisable goods - genuine factory gate price - No documents have been produced before us by the Revenue to substantiate their claim that goods were not sold to anyone except individuals, company employees, PSUs and Jaipur and Bikaner Trading Co. No evidence has been adduced by the Revenue to show either that the prices shown in the ledgers are not genuine prices or that all these buyers are of special classes of buyers. Therefore, the argument of the Revenue that there was no genuine factory gate price is not borne out by facts. - AT

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Valuation of excisable goods - genuine factory gate price - No ...

Court Finds No Evidence of Special Buyer Classes, Rejects Revenue's Claims on Factory Gate Pricing Validity.

May 27, 2022

Case Laws Central Excise AT

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