https://www.taxtmi.com/caselaws?id=47386 The Supreme Court held that the benefit obtained by the Respondents from the surrender of licences and issuance of new licences constituted additional consideration for the contract. The Court disagreed with the Tribunal's view that such benefits were not additional consideration, emphasizing the direct flow of benefit from the buyer to the seller. The Court upheld the Commissioner's calculation of the price difference between the original offer and the revised proposal as the additional consideration. The matter was remitted back to the Tribunal solely to determine the availability of the extended period of limitation for the Department, with no order as to costs. en-us Tue, 09 Aug 2005 00:00:00 +0530 Fri, 08 May 2026 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47386 The Supreme Court held that the benefit obtained by the Respondents from the surrender of licences and issuance of new licences constituted additional consideration for the contract. The Court disagreed with the Tribunal's view that such benefits were not additional consideration, emphasizing the direct flow of benefit from the buyer to the seller. The Court upheld the Commissioner's calculation of the price difference between the original offer and the revised proposal as the additional consideration. The matter was remitted back to the Tribunal solely to determine the availability of the extended period of limitation for the Department, with no order as to costs. Case-Laws Central Excise Tue, 09 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47386