https://www.taxtmi.com/caselaws?id=94376 Notional additions to excise assessable value could not be made for income from utilisation of customer booking deposits because no proved nexus was shown between that income and the motorcycle sale price; the inclusion was rejected. Depot prices charged to institutional buyers also could not replace the ex-factory price for dealer clearances, since depot sales were to a different buyer class and the relevant valuation basis remained the factory gate price; this was rejected. The extended limitation period was unavailable because disclosure of booking deposits had been made and suppression or wilful misstatement was not established; this was rejected. The demand and penalty were therefore unsustainable. en-us Tue, 06 Oct 1998 00:00:00 +0530 Tue, 22 Nov 2011 10:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94376 Notional additions to excise assessable value could not be made for income from utilisation of customer booking deposits because no proved nexus was shown between that income and the motorcycle sale price; the inclusion was rejected. Depot prices charged to institutional buyers also could not replace the ex-factory price for dealer clearances, since depot sales were to a different buyer class and the relevant valuation basis remained the factory gate price; this was rejected. The extended limitation period was unavailable because disclosure of booking deposits had been made and suppression or wilful misstatement was not established; this was rejected. The demand and penalty were therefore unsustainable. Case-Laws Central Excise Tue, 06 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94376