https://www.taxtmi.com/caselaws?id=1947 Liquidated damages paid by a buyer for cancellation and non-placement of purchase orders were treated as contractual compensation, not additional consideration for pumps supplied under a later contract. Because the earlier orders had been placed and supplies made, and no nexus was shown between the damages and the price of the later clearances, the damages were not includible in assessable value. As the valuation demand failed on merits, the connected duty demand and penalty also did not survive. en-us Tue, 08 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1947 Liquidated damages paid by a buyer for cancellation and non-placement of purchase orders were treated as contractual compensation, not additional consideration for pumps supplied under a later contract. Because the earlier orders had been placed and supplies made, and no nexus was shown between the damages and the price of the later clearances, the damages were not includible in assessable value. As the valuation demand failed on merits, the connected duty demand and penalty also did not survive. Case-Laws Central Excise Tue, 08 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1947