https://www.taxtmi.com/caselaws?id=153693 The Tribunal ruled in favor of the appellants, holding that the 'Performance Guarantee Bonus' should not be included in the assessable value of the supplied goods. The extended period for demand was deemed inapplicable, as per precedents like Nizam Sugar Factory and Hyderabad Polymers. Additionally, penalties under Section 11AC and interest under Section 11AB were not justified, following the decision in Al-Falah (Exports) v. CCE, Surat, due to the circumstances of the case. Consequently, the impugned order was set aside, and the appeal was allowed with consequential relief. en-us Thu, 02 Apr 2009 00:00:00 +0530 Sat, 27 Jul 2013 11:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153693 The Tribunal ruled in favor of the appellants, holding that the 'Performance Guarantee Bonus' should not be included in the assessable value of the supplied goods. The extended period for demand was deemed inapplicable, as per precedents like Nizam Sugar Factory and Hyderabad Polymers. Additionally, penalties under Section 11AC and interest under Section 11AB were not justified, following the decision in Al-Falah (Exports) v. CCE, Surat, due to the circumstances of the case. Consequently, the impugned order was set aside, and the appeal was allowed with consequential relief. Case-Laws Central Excise Thu, 02 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153693