Forfeited Security Deposit in Breach of Contract Not Recoverable as Sale Charge, Auction Context Considered, Demand Overturned.

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....Recovery of amount of duty on the additional consideration to the extent of forfeiture of security deposit - breach of contract - earnest money deposit - Earnest money deposit and deductions made therefrom cannot be termed as an amount charged for the sale of the impugned goods, more-so-ever when it was against an auction sale. - Demand set aside - AT....