https://www.taxtmi.com/caselaws?id=86978 Where contractual price lists are filed with contracts containing a price variation clause, the approval and assessment are provisional to that extent, so the refund limitation bar does not apply in the same way as a final assessment. A refund claim based on a retrospective downward price revision may succeed if the revised price truly reflects a genuine reduction in assessable value, but that factual basis must be verified. As the lower authorities had not examined whether the reduction was genuine, the matter required fresh adjudication on the effect of the revised price and credit notes. en-us Fri, 16 May 1997 00:00:00 +0530 Mon, 29 Aug 2011 16:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86978 Where contractual price lists are filed with contracts containing a price variation clause, the approval and assessment are provisional to that extent, so the refund limitation bar does not apply in the same way as a final assessment. A refund claim based on a retrospective downward price revision may succeed if the revised price truly reflects a genuine reduction in assessable value, but that factual basis must be verified. As the lower authorities had not examined whether the reduction was genuine, the matter required fresh adjudication on the effect of the revised price and credit notes. Case-Laws Central Excise Fri, 16 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86978