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2015 (3) TMI 168 - CESTAT MUMBAIPenalty u/s 11AC - Suppression of value of goods - Intention to evade duty - Held that:- appellant has not disclosed the fact regarding consideration amount received in respect of cleaning of raw material. As this expenditure is on the cleaning of raw material which is further used in the manufacture of goods hence it will become part of the assessable value of the goods cleared on payment of appropriate duty. As this fact was not brought to the notice of the Revenue we therefore find no infirmity in the impugned order. - Decided against assessee.
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