https://www.taxtmi.com/caselaws?id=447636 Sales tax concession retained by an assessee is includible in the assessable value for central excise duty, following the settled principle in Super Synotex. However, goods cleared under Section 4A could not be included when re-quantifying duty for the normal period, because Section 4A valuation stands on a different footing from transaction value under Section 4. The extended period of limitation was not invocable in the absence of positive suppression, with audited records reflecting the VAT incentive details, and the penalty under Section 11AC was therefore not sustainable. en-us Wed, 06 Dec 2023 00:00:00 +0530 Tue, 02 Jan 2024 09:11:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447636 Sales tax concession retained by an assessee is includible in the assessable value for central excise duty, following the settled principle in Super Synotex. However, goods cleared under Section 4A could not be included when re-quantifying duty for the normal period, because Section 4A valuation stands on a different footing from transaction value under Section 4. The extended period of limitation was not invocable in the absence of positive suppression, with audited records reflecting the VAT incentive details, and the penalty under Section 11AC was therefore not sustainable. Case-Laws Central Excise Wed, 06 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447636