https://www.taxtmi.com/caselaws?id=72839 For exemption under Notification No. 127/78-C.E., the relevant value of unveneered particle boards was the ascertainable normal market value under excise valuation principles, not a notional value inflated by adding sanding and levelling costs. Those preparatory costs were incidental to veneering, the boards were not separately sold, and Rule 6(b)(ii) of the Valuation Rules was inapplicable. On limitation, an incorrect interpretation of the notification did not amount to misstatement or fraudulent suppression, so the extended period was unavailable and recovery could proceed only within the ordinary six-month period. en-us Tue, 24 Feb 1987 00:00:00 +0530 Wed, 25 May 2011 14:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72839 For exemption under Notification No. 127/78-C.E., the relevant value of unveneered particle boards was the ascertainable normal market value under excise valuation principles, not a notional value inflated by adding sanding and levelling costs. Those preparatory costs were incidental to veneering, the boards were not separately sold, and Rule 6(b)(ii) of the Valuation Rules was inapplicable. On limitation, an incorrect interpretation of the notification did not amount to misstatement or fraudulent suppression, so the extended period was unavailable and recovery could proceed only within the ordinary six-month period. Case-Laws Central Excise Tue, 24 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72839