https://www.taxtmi.com/caselaws?id=351817 Rule 6 of the Central Excise Valuation Rules, 2000 treats the money value of buyer-supplied goods used in production as additional consideration when it is not already included in the price, so the value of free supplies was includible in the assessable value. On the facts stated, no separate deduction of excise duty or cum-duty adjustment was available because the landed cost of the free supplies was adopted without profit loading and the appellant had not taken credit on those goods. Revenue neutrality was rejected, suppression of receipt and use of free supplies was found, and the extended period of limitation was held invocable; the duty demand and penalty survived. en-us Thu, 30 Nov 2017 00:00:00 +0530 Thu, 08 Nov 2018 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351817 Rule 6 of the Central Excise Valuation Rules, 2000 treats the money value of buyer-supplied goods used in production as additional consideration when it is not already included in the price, so the value of free supplies was includible in the assessable value. On the facts stated, no separate deduction of excise duty or cum-duty adjustment was available because the landed cost of the free supplies was adopted without profit loading and the appellant had not taken credit on those goods. Revenue neutrality was rejected, suppression of receipt and use of free supplies was found, and the extended period of limitation was held invocable; the duty demand and penalty survived. Case-Laws Central Excise Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351817