https://www.taxtmi.com/caselaws?id=53652 For valuation of excisable goods, the actual invoice price prevailed over an earlier price declaration under Rule 173C where there was no allegation or finding of extra consideration, flow back, or any amount recovered over the invoice value. The earlier declaration was only procedural and could not override the transaction value for the relevant clearances. On that basis, duty demand could not be sustained, and the connected levy of interest and penalty also failed. en-us Tue, 02 Nov 2004 00:00:00 +0530 Thu, 14 Oct 2010 14:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53652 For valuation of excisable goods, the actual invoice price prevailed over an earlier price declaration under Rule 173C where there was no allegation or finding of extra consideration, flow back, or any amount recovered over the invoice value. The earlier declaration was only procedural and could not override the transaction value for the relevant clearances. On that basis, duty demand could not be sustained, and the connected levy of interest and penalty also failed. Case-Laws Central Excise Tue, 02 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53652