2012 (7) TMI 847 - AT - Central Excise

Waiver of pre-deposit - Valuation of goods - Distribution of free samples - Held that - As far as the assessee is concerned the impugned products are cleared on sale for consideration. The transaction value is available the valuation based on Section 4A of identical products need not be adopted - Therefore there shall be waiver of pre-deposit of dues as per the impugned order and stay of recovery thereof till the disposal of the appeal - Stay granted.

Summary

The Appellate Tribunal CESTAT Bangalore heard a case involving a manufacturer of P & P medicines selling products marked as 'free samples' to third parties. The tribunal waived pre-deposit of dues and stayed recovery until appeal disposal.