2016 (3) TMI 1122 - SCH - Central Excise

Valuation (Central Excise) Appellant PSU unit had removed goods to their sales outlets under Administrative Pricing Mechanism but revenue rejected the same and demand raised by applying Section 4(4)(b)(iii) of CEA,1944 and Section 4(1)(b)ibid in two distinct period for valuation purpose no reason to interfere with the impugned judgment - Apex court dismissed the appeal against the decision of tribunal 2007 (8) TMI 137 - CESTAT, BANGALORE wherein tribunal had accepted the valuation as per the assessee and set aside the demand.