https://www.taxtmi.com/caselaws?id=113098 Compulsory comprehensive maintenance charges recovered from wholesale dealers for television sets were treated as additional consideration linked to the sale and were includible in assessable value for central excise because they related to after-sale service during the guarantee period and were not disclosed in price lists or excise records. The non-disclosure of these collections in statutory declarations, gate passes and returns amounted to suppression of material facts, so the extended limitation period applied and the duty demands were not time-barred. The penalty was also upheld as reasonable on the facts. en-us Tue, 09 Jul 1996 00:00:00 +0530 Thu, 03 May 2012 17:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113098 Compulsory comprehensive maintenance charges recovered from wholesale dealers for television sets were treated as additional consideration linked to the sale and were includible in assessable value for central excise because they related to after-sale service during the guarantee period and were not disclosed in price lists or excise records. The non-disclosure of these collections in statutory declarations, gate passes and returns amounted to suppression of material facts, so the extended limitation period applied and the duty demands were not time-barred. The penalty was also upheld as reasonable on the facts. Case-Laws Central Excise Tue, 09 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113098