https://www.taxtmi.com/caselaws?id=795730 Forfeited refundable die-development deposits retained on a customer's failure to meet minimum lifting obligations are contractual compensation, not additional consideration for excisable goods. A direct and proximate nexus with the sale price is required before an amount can enter transaction value; the valuation rules cannot independently expand that value. Where die costs were already amortised in assessable value, further inclusion lacks basis. A bona fide valuation dispute, with deposits disclosed in records and no proof of fraud, suppression, wilful misstatement or intent to evade duty, does not support extended limitation or equal penalty. en-us Tue, 21 Jul 2026 00:00:00 +0530 Mon, 27 Jul 2026 08:27:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795730 Forfeited refundable die-development deposits retained on a customer's failure to meet minimum lifting obligations are contractual compensation, not additional consideration for excisable goods. A direct and proximate nexus with the sale price is required before an amount can enter transaction value; the valuation rules cannot independently expand that value. Where die costs were already amortised in assessable value, further inclusion lacks basis. A bona fide valuation dispute, with deposits disclosed in records and no proof of fraud, suppression, wilful misstatement or intent to evade duty, does not support extended limitation or equal penalty. Case-Laws Central Excise Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795730