https://www.taxtmi.com/caselaws?id=799473 Transaction value remains applicable where buyer and assessee are unrelated and price is the sole consideration. Customer-supplied designs or drawings may be added only when they constitute additional consideration, are used or necessary in production, have an ascertainable apportioned value, and are not already included in the price. Buyer specifications alone are not buyer's assists. A speculative percentage unrelated to the value of the free supply does not satisfy rule-based valuation; reasonable-means valuation must conform to statutory principles. Remand cannot reconstruct a valuation case lacking evidentiary support in the show cause notice. Extended limitation and equivalent penalty require intent to evade, which audit disclosures, no concealment, interpretational dispute, and revenue neutrality may negate. en-us Mon, 21 Sep 2026 00:00:00 +0530 Wed, 23 Sep 2026 08:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799473 Transaction value remains applicable where buyer and assessee are unrelated and price is the sole consideration. Customer-supplied designs or drawings may be added only when they constitute additional consideration, are used or necessary in production, have an ascertainable apportioned value, and are not already included in the price. Buyer specifications alone are not buyer's assists. A speculative percentage unrelated to the value of the free supply does not satisfy rule-based valuation; reasonable-means valuation must conform to statutory principles. Remand cannot reconstruct a valuation case lacking evidentiary support in the show cause notice. Extended limitation and equivalent penalty require intent to evade, which audit disclosures, no concealment, interpretational dispute, and revenue neutrality may negate. Case-Laws Central Excise Mon, 21 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799473