https://www.taxtmi.com/caselaws?id=378304 A post-payment State sales tax remission received through VAT 37B challans under the Rajasthan Investment Promotion Scheme was not additional consideration under the Central Excise valuation rules, because it did not flow from the buyer and was not part of the price actually paid or payable. The demand on that basis was therefore unsustainable. The extended period of limitation also could not be invoked, as the record showed no positive suppression, misstatement, or intent to evade duty; the dispute arose from a mistaken understanding of transaction value rather than concealment. The demand was set aside on both valuation and limitation. en-us Fri, 15 Feb 2019 00:00:00 +0530 Wed, 10 Feb 2021 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378304 A post-payment State sales tax remission received through VAT 37B challans under the Rajasthan Investment Promotion Scheme was not additional consideration under the Central Excise valuation rules, because it did not flow from the buyer and was not part of the price actually paid or payable. The demand on that basis was therefore unsustainable. The extended period of limitation also could not be invoked, as the record showed no positive suppression, misstatement, or intent to evade duty; the dispute arose from a mistaken understanding of transaction value rather than concealment. The demand was set aside on both valuation and limitation. Case-Laws Central Excise Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378304