https://www.taxtmi.com/caselaws?id=50366 The Tribunal found that the bonus and penalty provisions were distinct from the sale price of the goods. The duty should be levied on the normal price at the time of removal, not including bonuses or penalties. Therefore, treating the bonus amount as part of the price for duty calculation was deemed unjust. The duty demand, penalty, and interest were set aside as unjustified. The assessee's appeal was allowed in full. The Revenue's appeal, while upholding the valuation principle, was rejected as the duty demand was set aside, rendering the valuation finding of academic interest only. en-us Wed, 13 Sep 2000 00:00:00 +0530 Sat, 21 Aug 2010 12:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50366 The Tribunal found that the bonus and penalty provisions were distinct from the sale price of the goods. The duty should be levied on the normal price at the time of removal, not including bonuses or penalties. Therefore, treating the bonus amount as part of the price for duty calculation was deemed unjust. The duty demand, penalty, and interest were set aside as unjustified. The assessee's appeal was allowed in full. The Revenue's appeal, while upholding the valuation principle, was rejected as the duty demand was set aside, rendering the valuation finding of academic interest only. Case-Laws Central Excise Wed, 13 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50366