https://www.taxtmi.com/caselaws?id=35432 For clearances by a 100% EOU to a DTA service centre, the article states that the assessable value may be based on invoice or FOB-linked transaction value where it reflects the true transaction value and there is no material showing that buyer-seller relationship depressed the price; the DTA resale price is not the proper valuation basis. It also notes that where the assessee disclosed the clearances, obtained permissions and informed the department of the valuation method, suppression is not established, the extended limitation period cannot be invoked, and penalty under Section 11AC does not survive. en-us Tue, 23 Sep 2008 00:00:00 +0530 Fri, 05 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35432 For clearances by a 100% EOU to a DTA service centre, the article states that the assessable value may be based on invoice or FOB-linked transaction value where it reflects the true transaction value and there is no material showing that buyer-seller relationship depressed the price; the DTA resale price is not the proper valuation basis. It also notes that where the assessee disclosed the clearances, obtained permissions and informed the department of the valuation method, suppression is not established, the extended limitation period cannot be invoked, and penalty under Section 11AC does not survive. Case-Laws Customs Tue, 23 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35432