Physician samples assessable under Section 4(1) a) of Central Excise Act, 1944

Fourrts (India) Laboratories P. Ltd Vs Commissioner of GST & Central Excise (CESTAT Chennai) Introduction: In a significant judgment, the CESTAT Chennai weighed in on the debate over the appropriate assessment of physician samples, rendering its decision in favor of Fourrts (India) Laboratories P. Ltd. This article provides an in-depth analysis of the ruling and its implications. Background and Contention: Upon examination of Fourrts India’s records, discrepancies were noted in their product clearances. For sales, they used valuation under Section 4A of the Central Excise Act, 1944. How...