https://www.taxtmi.com/caselaws?id=1228 During provisional assessment, a show cause notice under Section 11A could not be issued as if the assessment were final, because liability is adjusted only on finalisation of the provisional scheme; the notices were therefore invalid and without jurisdiction. On valuation, where cigarettes were sold at the same price to wholesale dealers outside the security deposit scheme and there was no evidence of additional consideration, the normal price under Section 4(1)(a) applied. Notional interest on interest-free security deposits could not be added to assessable value, and the assessee's valuation was upheld. en-us Tue, 02 Jan 2007 00:00:00 +0530 Mon, 14 Apr 2008 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1228 During provisional assessment, a show cause notice under Section 11A could not be issued as if the assessment were final, because liability is adjusted only on finalisation of the provisional scheme; the notices were therefore invalid and without jurisdiction. On valuation, where cigarettes were sold at the same price to wholesale dealers outside the security deposit scheme and there was no evidence of additional consideration, the normal price under Section 4(1)(a) applied. Notional interest on interest-free security deposits could not be added to assessable value, and the assessee's valuation was upheld. Case-Laws Central Excise Tue, 02 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1228