https://www.taxtmi.com/caselaws?id=334556 For the pre-1 July 2000 period, debit note amounts raised after clearance did not enlarge assessable value under the unamended Section 4 of the Central Excise Act, 1944 because the goods had been cleared at the contracted price, so no duty was payable on that basis. For the post-1 July 2000 period, debit note amounts were includible in transaction value under Section 4(3)(d) as amounts payable by the buyer in connection with the sale, so duty was sustainable in principle; however, the assessee was entitled to cum-duty benefit on recomputation and penalty was held not sustainable in a bona fide valuation dispute. en-us Wed, 05 Oct 2016 00:00:00 +0530 Wed, 03 Jan 2018 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334556 For the pre-1 July 2000 period, debit note amounts raised after clearance did not enlarge assessable value under the unamended Section 4 of the Central Excise Act, 1944 because the goods had been cleared at the contracted price, so no duty was payable on that basis. For the post-1 July 2000 period, debit note amounts were includible in transaction value under Section 4(3)(d) as amounts payable by the buyer in connection with the sale, so duty was sustainable in principle; however, the assessee was entitled to cum-duty benefit on recomputation and penalty was held not sustainable in a bona fide valuation dispute. Case-Laws Central Excise Wed, 05 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334556