https://www.taxtmi.com/caselaws?id=72151 Excise demand cannot be sustained beyond the six-month limitation period absent proof of suppression of facts, and prior departmental knowledge of the contracts defeated any attempt to extend time. On valuation, where the assessee had opted for invoice assessment under Notification No. 120/75-C.E., the invoice and contract price could be accepted because no commercial or financial relationship affecting price was shown. Free-supplied inserts furnished by the Railways were not part of the contractual consideration and were not includible in assessable value. The demand was therefore set aside and consequential relief followed. en-us Mon, 09 Sep 1985 00:00:00 +0530 Thu, 12 May 2011 16:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72151 Excise demand cannot be sustained beyond the six-month limitation period absent proof of suppression of facts, and prior departmental knowledge of the contracts defeated any attempt to extend time. On valuation, where the assessee had opted for invoice assessment under Notification No. 120/75-C.E., the invoice and contract price could be accepted because no commercial or financial relationship affecting price was shown. Free-supplied inserts furnished by the Railways were not part of the contractual consideration and were not includible in assessable value. The demand was therefore set aside and consequential relief followed. Case-Laws Central Excise Mon, 09 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72151