https://www.taxtmi.com/caselaws?id=53972 Later escalation or price-increase receipts are not includible in excise assessable value where the sale price was finally fixed at clearance and the contract contained no escalation clause or evidence that the additional consideration formed part of the original bargain. On that basis, the resulting duty demand is not sustainable. Where the record also does not show suppression of facts or other ingredients required for extended limitation, the demand is time-barred and consequential penalty and interest cannot survive. The governing principle is that post-clearance receipts can affect valuation only if they were contemplated in the original contract or sale consideration, and limitation cannot be extended without proof of deliberate concealment. en-us Fri, 08 Apr 2005 00:00:00 +0530 Sat, 16 Oct 2010 11:52:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53972 Later escalation or price-increase receipts are not includible in excise assessable value where the sale price was finally fixed at clearance and the contract contained no escalation clause or evidence that the additional consideration formed part of the original bargain. On that basis, the resulting duty demand is not sustainable. Where the record also does not show suppression of facts or other ingredients required for extended limitation, the demand is time-barred and consequential penalty and interest cannot survive. The governing principle is that post-clearance receipts can affect valuation only if they were contemplated in the original contract or sale consideration, and limitation cannot be extended without proof of deliberate concealment. Case-Laws Central Excise Fri, 08 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53972