Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
The appellant, a job worker, violated Rules 6 and 10A of the Central Excise Valuation Rules by not including the value of free supply material from the prime manufacturer while clearing job-worked goods on payment of duty. This amounted to suppression of facts with intent to evade duty, invoking the extended period of limitation u/s 11A(4). The assessable value should have included the value of raw materials supplied for job work, as per Supreme Court decisions. The benefit of Notification 214/86-CE was not admissible due to non-compliance with conditions. Rule 10A provided definiteness for valuation of goods manufactured and cleared by job workers.
The appellant, a job worker, violated Rules 6 and 10A of the Central Excise Valuation Rules by not including the value of free supply material from the prime manufacturer while clearing job-worked goods on payment of duty. This amounted to suppression of facts with intent to evade duty, invoking the extended period of limitation u/s 11A(4). The assessable value should have included the value of raw materials supplied for job work, as per Supreme Court decisions. The benefit of Notification 214/86-CE was not admissible due to non-compliance with conditions. Rule 10A provided definiteness for valuation of goods manufactured and cleared by job workers.
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