https://www.taxtmi.com/caselaws?id=154748 The Appellate Tribunal affirmed the duty demand on M/s. Venkateswara Flexopack Pvt. Ltd. for additional consideration received towards BOPP films sold through raised debit notes. Despite VFP's argument that the amounts were liquidated damages, the tribunal found insufficient evidence and remanded the case for fresh assessment, stressing the importance of clear evidence, including contracts, to distinguish between liquidated damages and assessable value. VFP was granted an opportunity to provide reliable evidence before a new decision is reached. en-us Wed, 23 Sep 2009 00:00:00 +0530 Tue, 27 Aug 2013 11:08:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154748 The Appellate Tribunal affirmed the duty demand on M/s. Venkateswara Flexopack Pvt. Ltd. for additional consideration received towards BOPP films sold through raised debit notes. Despite VFP's argument that the amounts were liquidated damages, the tribunal found insufficient evidence and remanded the case for fresh assessment, stressing the importance of clear evidence, including contracts, to distinguish between liquidated damages and assessable value. VFP was granted an opportunity to provide reliable evidence before a new decision is reached. Case-Laws Central Excise Wed, 23 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154748