https://www.taxtmi.com/caselaws?id=52951 In central excise, duty is determined by the price and classification declared at the time of clearance from the factory, and a later reduction in price does not alter the duty already payable. In the absence of provisional assessment, a subsequent fall in price does not provide a valid basis for refund. The refund claim was therefore not maintainable and was rightly rejected. en-us Tue, 08 Jun 2004 00:00:00 +0530 Fri, 08 Oct 2010 16:53:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52951 In central excise, duty is determined by the price and classification declared at the time of clearance from the factory, and a later reduction in price does not alter the duty already payable. In the absence of provisional assessment, a subsequent fall in price does not provide a valid basis for refund. The refund claim was therefore not maintainable and was rightly rejected. Case-Laws Central Excise Tue, 08 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52951