https://www.taxtmi.com/caselaws?id=92619 Excise valuation permits inclusion in assessable value only of additional consideration flowing directly or indirectly from the buyer under the sale transaction. A government subsidy or payment routed through the purchaser, where unconnected with contractual sale consideration for rigs, is excluded from assessable value. Differential-duty demands are time-barred where an approved price list and disclosed returns showed the declared value and duty liability, unless suppression or another statutory ground justifies the extended limitation period. On these principles, the duty demand and connected penalty were unsustainable, with consequential relief available. en-us Mon, 08 Nov 1999 00:00:00 +0530 Wed, 02 Nov 2011 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92619 Excise valuation permits inclusion in assessable value only of additional consideration flowing directly or indirectly from the buyer under the sale transaction. A government subsidy or payment routed through the purchaser, where unconnected with contractual sale consideration for rigs, is excluded from assessable value. Differential-duty demands are time-barred where an approved price list and disclosed returns showed the declared value and duty liability, unless suppression or another statutory ground justifies the extended limitation period. On these principles, the duty demand and connected penalty were unsustainable, with consequential relief available. Case-Laws Central Excise Mon, 08 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92619