https://www.taxtmi.com/caselaws?id=166224 Demo cars used for test drives and to improve marketability were treated as comparable to regular cars where no meaningful distinction was shown, so valuation on the declared transaction value was rejected and the price of other cars was adopted for duty computation. Interest on the duty demand was sustained. Penalties were held unwarranted because duty had been paid on the transaction value and the demand was within the normal limitation period, so the appeals succeeded only to the extent of deletion of penalties. en-us Fri, 08 Jul 2011 00:00:00 +0530 Mon, 30 Jul 2018 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166224 Demo cars used for test drives and to improve marketability were treated as comparable to regular cars where no meaningful distinction was shown, so valuation on the declared transaction value was rejected and the price of other cars was adopted for duty computation. Interest on the duty demand was sustained. Penalties were held unwarranted because duty had been paid on the transaction value and the demand was within the normal limitation period, so the appeals succeeded only to the extent of deletion of penalties. Case-Laws Central Excise Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166224