https://www.taxtmi.com/caselaws?id=2189 Amounts received later under a contractual bonus arrangement were treated as part of the sale consideration and included in assessable value under the transaction value concept, because Section 4 of the Central Excise Act covers sums payable by the buyer by reason of or in connection with the sale at any time. The duty demand was therefore sustained. On penalty, the dispute was viewed as one turning on interpretation of the new valuation provisions, and the penalty was set aside. The result was partial relief to the assessee. en-us Wed, 23 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2189 Amounts received later under a contractual bonus arrangement were treated as part of the sale consideration and included in assessable value under the transaction value concept, because Section 4 of the Central Excise Act covers sums payable by the buyer by reason of or in connection with the sale at any time. The duty demand was therefore sustained. On penalty, the dispute was viewed as one turning on interpretation of the new valuation provisions, and the penalty was set aside. The result was partial relief to the assessee. Case-Laws Central Excise Wed, 23 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2189