https://www.taxtmi.com/caselaws?id=50469 Non-disclosure of material facts relevant to excise valuation, including the valuation pattern and depot discounts, can justify invocation of the extended limitation period under section 11A(1) and the proviso to Rule 9(2), even without any allegation of clandestine removal. For depot clearances, where factory gate sales exist, the factory gate price governs assessable value and quantity or cash discounts at the depot are not deductible because the discount conditions cannot be verified at removal. Where all removals are to depots and the depot is the place of removal, the depot sale price applies and discounts may be allowed if the prescribed conditions are satisfied. en-us Tue, 02 Jan 2001 00:00:00 +0530 Mon, 23 Aug 2010 09:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50469 Non-disclosure of material facts relevant to excise valuation, including the valuation pattern and depot discounts, can justify invocation of the extended limitation period under section 11A(1) and the proviso to Rule 9(2), even without any allegation of clandestine removal. For depot clearances, where factory gate sales exist, the factory gate price governs assessable value and quantity or cash discounts at the depot are not deductible because the discount conditions cannot be verified at removal. Where all removals are to depots and the depot is the place of removal, the depot sale price applies and discounts may be allowed if the prescribed conditions are satisfied. Case-Laws Central Excise Tue, 02 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50469