https://www.taxtmi.com/caselaws?id=205859 Where evidence shows that the declared retail price is fictitious and cigarettes are sold above the marked price through a controlled distribution network, the actual sale realisation governs valuation and excess collections may be treated as flow-back. The Tribunal held that NETCO, as the job worker that manufactured the goods, was liable for the differential duty attributable to the cigarettes, and that intentional suppression and misstatement of price justified invocation of the extended limitation period. On the same factual findings of undervaluation, misdeclaration, and evasion, the penalty was sustained. en-us Wed, 27 Oct 2010 00:00:00 +0530 Mon, 16 Jun 2025 15:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205859 Where evidence shows that the declared retail price is fictitious and cigarettes are sold above the marked price through a controlled distribution network, the actual sale realisation governs valuation and excess collections may be treated as flow-back. The Tribunal held that NETCO, as the job worker that manufactured the goods, was liable for the differential duty attributable to the cigarettes, and that intentional suppression and misstatement of price justified invocation of the extended limitation period. On the same factual findings of undervaluation, misdeclaration, and evasion, the penalty was sustained. Case-Laws Central Excise Wed, 27 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205859