https://www.taxtmi.com/caselaws?id=112360 Export clearances under separate contracts may be treated as a distinct class of buyers for excise valuation under section 4, so export prices need not be equated with domestic home-consumption prices when supported by different commercial considerations. The article also notes that the extended limitation period cannot be invoked without suppression of material facts, wilful misstatement, or intent to evade duty; disclosure of invoices, returns, and export documents negates such invocation. On these facts, export contract values were accepted and the demand was held time-barred. en-us Fri, 16 Jul 2004 00:00:00 +0530 Fri, 27 Apr 2012 17:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112360 Export clearances under separate contracts may be treated as a distinct class of buyers for excise valuation under section 4, so export prices need not be equated with domestic home-consumption prices when supported by different commercial considerations. The article also notes that the extended limitation period cannot be invoked without suppression of material facts, wilful misstatement, or intent to evade duty; disclosure of invoices, returns, and export documents negates such invocation. On these facts, export contract values were accepted and the demand was held time-barred. Case-Laws Central Excise Fri, 16 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112360