https://www.taxtmi.com/caselaws?id=101479 Rectification was permitted where the Tribunal's earlier order had omitted to address whether removals at lower contract prices to the same class of buyers could support the duty demand. The Tribunal treated the omission as correctable by addendum and relied on the cited circular and administrative instruction recognising contract price, including an oral one subject to verification, and on the principle that the price prevailing at or nearest removal may be the normal price. As no record material displaced the lower contract prices, the duty demand based on the higher declared prices was not sustained, though penalty consequences for failure to file revised declarations were noted. en-us Fri, 22 Feb 2002 00:00:00 +0530 Thu, 09 Feb 2012 18:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101479 Rectification was permitted where the Tribunal's earlier order had omitted to address whether removals at lower contract prices to the same class of buyers could support the duty demand. The Tribunal treated the omission as correctable by addendum and relied on the cited circular and administrative instruction recognising contract price, including an oral one subject to verification, and on the principle that the price prevailing at or nearest removal may be the normal price. As no record material displaced the lower contract prices, the duty demand based on the higher declared prices was not sustained, though penalty consequences for failure to file revised declarations were noted. Case-Laws Central Excise Fri, 22 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101479