https://www.taxtmi.com/caselaws?id=88767 Goods cleared as free replacements during the warranty period remain liable to excise duty at the time of clearance unless a specific exemption notification applies. The warranty or guarantee clause is treated as a commercial arrangement and does not, by itself, confer duty-free status under Section 5A of the Central Excises & Salt Act, 1944. Where no exemption notification covers the replacements and there is no material showing their value was already included in the price list, duty exemption cannot be claimed. Authorities cited on valuation were found inapplicable because the dispute concerned exemption from duty, not valuation. en-us Thu, 19 Feb 1998 00:00:00 +0530 Wed, 21 Sep 2011 11:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88767 Goods cleared as free replacements during the warranty period remain liable to excise duty at the time of clearance unless a specific exemption notification applies. The warranty or guarantee clause is treated as a commercial arrangement and does not, by itself, confer duty-free status under Section 5A of the Central Excises & Salt Act, 1944. Where no exemption notification covers the replacements and there is no material showing their value was already included in the price list, duty exemption cannot be claimed. Authorities cited on valuation were found inapplicable because the dispute concerned exemption from duty, not valuation. Case-Laws Central Excise Thu, 19 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88767