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2013 (12) TMI 513
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.... appellant is in appeal against he impugned order wherein demand has confirmed on account of extra consideration received by the appellant and not included in the transaction value of the goods. 2. The brief facts of the case are that the appellant are manufacturers of conveyor parts and material handling system. During the course of investigation it was found that the appellant had received an....
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.... paid deferred sales tax collected and sales tax actually paid to the sales tax department under the scheme was additional consideration to the appellant and was dutiable as per Rule 6 of the Central Excised (Valuation) Rules, 2000 read with Section 4 of the Central Excise Act, 1944. 3. The show-cause notice was issued for proposing the demand of duty on the extra consideration received by the ....
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....ent towards sales tax permissible under the Central Excise law. November 2002 amendment neither altered rate of sales tax payable nor provided any exemption thereof, and it did not reduce deferred sales tax liability, assessee who had cleared goods from 1992-1993 onwards could not have anticipated that ten years later government will introduce law providing for discharge of duty liability on NPV b....