https://www.taxtmi.com/caselaws?id=167427 Amounts recovered separately by debit notes over and above the declared price were treated as part of the assessable value for excise duty where they represented additional realisation linked to pre-manufacturing costs, including transport of raw materials to the factory. The valuation pleas based on controlled price, like goods price, and exemption under Notification No. 265/76-C.E. were rejected because the extra recoveries were not disclosed in the price list and the assessee was not shown to fall within the relevant control regime. On limitation, suppression was inferred from the undisclosed debit notes and the extended period was held invocable, so the demand survived. en-us Mon, 10 Jun 1985 00:00:00 +0530 Fri, 19 Dec 2014 14:26:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167427 Amounts recovered separately by debit notes over and above the declared price were treated as part of the assessable value for excise duty where they represented additional realisation linked to pre-manufacturing costs, including transport of raw materials to the factory. The valuation pleas based on controlled price, like goods price, and exemption under Notification No. 265/76-C.E. were rejected because the extra recoveries were not disclosed in the price list and the assessee was not shown to fall within the relevant control regime. On limitation, suppression was inferred from the undisclosed debit notes and the extended period was held invocable, so the demand survived. Case-Laws Central Excise Mon, 10 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167427