https://www.taxtmi.com/caselaws?id=126617 For clearances before 1-7-2000, valuation had to be made on normal price under the then-applicable section 4, and invoice price alone could not be accepted where evidence showed cash collections over and above invoices; the pre-1-7-2000 value therefore required fresh determination on the record. For clearances after 1-7-2000, transaction value had to be worked out transaction-wise, and a uniform addition across all clearances was not sustainable; the post-1-7-2000 demand and related penalty were remanded for recomputation. Confiscation of seized goods, redemption fine, and penalties linked to those goods were sustained because undervaluation and cash recovery were supported by evidence. en-us Tue, 21 Apr 2009 00:00:00 +0530 Mon, 24 Jul 2017 14:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126617 For clearances before 1-7-2000, valuation had to be made on normal price under the then-applicable section 4, and invoice price alone could not be accepted where evidence showed cash collections over and above invoices; the pre-1-7-2000 value therefore required fresh determination on the record. For clearances after 1-7-2000, transaction value had to be worked out transaction-wise, and a uniform addition across all clearances was not sustainable; the post-1-7-2000 demand and related penalty were remanded for recomputation. Confiscation of seized goods, redemption fine, and penalties linked to those goods were sustained because undervaluation and cash recovery were supported by evidence. Case-Laws Central Excise Tue, 21 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126617