https://www.taxtmi.com/caselaws?id=95615 Where the invoice price is accepted as the actual sale price and no evidence shows any additional consideration flowing back from buyers, that price constitutes the sole consideration for valuation under central excise principles. On that basis, differential excise duty cannot be demanded merely because a higher declared value is suggested. Once the duty demand fails, any penalty and interest based on that demand also cannot survive. en-us Fri, 31 Mar 2000 00:00:00 +0530 Tue, 13 Dec 2011 17:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95615 Where the invoice price is accepted as the actual sale price and no evidence shows any additional consideration flowing back from buyers, that price constitutes the sole consideration for valuation under central excise principles. On that basis, differential excise duty cannot be demanded merely because a higher declared value is suggested. Once the duty demand fails, any penalty and interest based on that demand also cannot survive. Case-Laws Central Excise Fri, 31 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95615