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2016 (1) TMI 731 - AT - Central ExciseUndervaluation of assessable value - invoking extended period of limitation proposing recovery of duty on the ground that such bailing charges are includable in the assessable value - Held that:- In this case the show cause notice has been issued by invoking extended period of limitation and some period in the show cause notice falls during the extended period of limitation. As it is an issue of interpretation of valuation rules and appellant has shown in the invoices itself that they are receiving bailing charges which are only for the additional/special packing sought by the buyer. Therefore, mala fides against the appellant stands unproved. In these circumstances, we hold that the extended period of limitation is not invocable. Consequently, penalties are also not imposable.
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