https://www.taxtmi.com/caselaws?id=367323 Bonus and penalty amounts arising under post-sale commercial terms for the performance of refractory bricks were held to be outside the assessable value for excise duty because they accrued only after clearance of the goods and depended on whether the goods met or failed guaranteed performance parameters in the buyers' agreement. Applying the earlier decision relied upon, such payments were treated as post-sale adjustments rather than part of the price at the time of removal. The excise demand therefore could not survive. en-us Wed, 18 Jul 2018 00:00:00 +0530 Wed, 19 Sep 2018 07:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367323 Bonus and penalty amounts arising under post-sale commercial terms for the performance of refractory bricks were held to be outside the assessable value for excise duty because they accrued only after clearance of the goods and depended on whether the goods met or failed guaranteed performance parameters in the buyers' agreement. Applying the earlier decision relied upon, such payments were treated as post-sale adjustments rather than part of the price at the time of removal. The excise demand therefore could not survive. Case-Laws Central Excise Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367323