https://www.taxtmi.com/caselaws?id=123242 The Tribunal upheld the extended time-limit for demand of excise duty, ruling that the demand cannot be challenged based on limitation grounds. Additionally, it determined that the additional amounts received by the appellants should be included in the assessable value for excise duty purposes, as they were related to the supply of higher quantities of goods. The Tribunal clarified that the nature of the contract did not affect the assessable value determination and upheld the inclusion of additional amounts in the taxable value. The penalty imposed was set aside, with only interest payable as per law, resulting in the dismissal of the appeal. en-us Fri, 01 Feb 2008 00:00:00 +0530 Mon, 10 Sep 2012 17:03:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123242 The Tribunal upheld the extended time-limit for demand of excise duty, ruling that the demand cannot be challenged based on limitation grounds. Additionally, it determined that the additional amounts received by the appellants should be included in the assessable value for excise duty purposes, as they were related to the supply of higher quantities of goods. The Tribunal clarified that the nature of the contract did not affect the assessable value determination and upheld the inclusion of additional amounts in the taxable value. The penalty imposed was set aside, with only interest payable as per law, resulting in the dismissal of the appeal. Case-Laws Central Excise Fri, 01 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123242