Valuation of stock transfer - The fact that the appellant was ...
Appellant penalized for concealing revenue information; extended assessment period invoked u/s 11AC for invoice discrepancies.
March 27, 2015
Case Laws Central Excise AT
Valuation of stock transfer - The fact that the appellant was collecting extra amount in the invoices issued from the depot was clearly suppressed from the Revenue and this is a very important aspect - extended period of time is rightly invoked and penalty under Section 11AC is also leviable - AT
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