https://www.taxtmi.com/caselaws?id=263030 The Court held that the duty drawback received by the assessee due to the surrender of advance licences by buyers constitutes 'additional consideration' under Section 4 of the Central Excise Act, 1944. The benefit was deemed includible in the transaction value as it flowed indirectly from the buyers to the assessee. The Court upheld the Commissioner's order, setting aside the Tribunal's decision and restoring the Commissioner's order. The Court reaffirmed the decision in IFGL Refractories Ltd., emphasizing the importance of mutuality of interest between the parties in determining transaction value. en-us Fri, 21 Aug 2015 00:00:00 +0530 Thu, 08 Oct 2015 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263030 The Court held that the duty drawback received by the assessee due to the surrender of advance licences by buyers constitutes 'additional consideration' under Section 4 of the Central Excise Act, 1944. The benefit was deemed includible in the transaction value as it flowed indirectly from the buyers to the assessee. The Court upheld the Commissioner's order, setting aside the Tribunal's decision and restoring the Commissioner's order. The Court reaffirmed the decision in IFGL Refractories Ltd., emphasizing the importance of mutuality of interest between the parties in determining transaction value. Case-Laws Central Excise Fri, 21 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263030