https://www.taxtmi.com/caselaws?id=54381 Where a genuine factory gate price existed for refrigerators stock-transferred to area sales offices, excise valuation had to proceed under section 4(1)(a) on that price, and later depot or regional office sale prices could not be adopted merely because the goods were sold through those offices. Post-removal expenses such as freight and insurance did not displace the factory gate price, and the proviso for different classes of buyers was inapplicable. On limitation, departmental knowledge of the marketing pattern and prior disclosure of the valuation method meant suppression was not established, so the extended period could not be invoked. The demand and penalty were unsustainable. en-us Mon, 28 Mar 2005 00:00:00 +0530 Tue, 19 Oct 2010 17:46:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54381 Where a genuine factory gate price existed for refrigerators stock-transferred to area sales offices, excise valuation had to proceed under section 4(1)(a) on that price, and later depot or regional office sale prices could not be adopted merely because the goods were sold through those offices. Post-removal expenses such as freight and insurance did not displace the factory gate price, and the proviso for different classes of buyers was inapplicable. On limitation, departmental knowledge of the marketing pattern and prior disclosure of the valuation method meant suppression was not established, so the extended period could not be invoked. The demand and penalty were unsustainable. Case-Laws Central Excise Mon, 28 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54381