https://www.taxtmi.com/caselaws?id=183398 Where an ex-factory sale price is ascertainable and depot buyers purchase on the same dealership terms, valuation must be based on the factory gate price rather than the later depot selling price. Charges for pre-delivery inspection, after-sales service, and warranty were also excluded from assessable value because they were performed by dealers, reimbursed to them, and not retained by the manufacturer as additional sale consideration. With the substantive valuation demands unsustainable, the consequential interest and penalties also fell away, and the entire demand was annulled. en-us Tue, 09 Sep 2003 00:00:00 +0530 Wed, 08 Jun 2016 14:36:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183398 Where an ex-factory sale price is ascertainable and depot buyers purchase on the same dealership terms, valuation must be based on the factory gate price rather than the later depot selling price. Charges for pre-delivery inspection, after-sales service, and warranty were also excluded from assessable value because they were performed by dealers, reimbursed to them, and not retained by the manufacturer as additional sale consideration. With the substantive valuation demands unsustainable, the consequential interest and penalties also fell away, and the entire demand was annulled. Case-Laws Central Excise Tue, 09 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183398