https://www.taxtmi.com/caselaws?id=104228 Clandestine cash collections outside invoices justified excise valuation on comparable assessable values rather than a direct addition of the undisclosed cash to invoice price, because the collections varied and full records were unavailable. The short levy had to be recomputed on a more accurate comparable basis for the relevant period. Deliberate suppression of part of the sale price also warranted application of the extended limitation period, so duty demand for the whole period was sustained. Penalty was upheld on proof of fraudulent suppression, but interest could not be charged for any period before the interest provision came into force, so the interest demand was set aside. en-us Fri, 24 May 2002 00:00:00 +0530 Tue, 28 Feb 2012 12:45:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104228 Clandestine cash collections outside invoices justified excise valuation on comparable assessable values rather than a direct addition of the undisclosed cash to invoice price, because the collections varied and full records were unavailable. The short levy had to be recomputed on a more accurate comparable basis for the relevant period. Deliberate suppression of part of the sale price also warranted application of the extended limitation period, so duty demand for the whole period was sustained. Penalty was upheld on proof of fraudulent suppression, but interest could not be charged for any period before the interest provision came into force, so the interest demand was set aside. Case-Laws Central Excise Fri, 24 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104228