https://www.taxtmi.com/caselaws?id=78719 Exemption notifications for semi-trailers built through body-building on customer-supplied chassis expressly exclude the chassis value from assessable value, provided no credit is taken on the chassis. Recharacterising the supplied chassis as running gear lacks support under the tariff scheme and HSN notes and cannot enlarge assessable value. Classification precedent does not govern this valuation issue. Where no breach of the notification condition is alleged, duty is correctly paid without including chassis value; the additional duty demand and related penalties are unsustainable. en-us Wed, 24 Mar 2010 00:00:00 +0530 Sat, 11 Dec 2010 12:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78719 Exemption notifications for semi-trailers built through body-building on customer-supplied chassis expressly exclude the chassis value from assessable value, provided no credit is taken on the chassis. Recharacterising the supplied chassis as running gear lacks support under the tariff scheme and HSN notes and cannot enlarge assessable value. Classification precedent does not govern this valuation issue. Where no breach of the notification condition is alleged, duty is correctly paid without including chassis value; the additional duty demand and related penalties are unsustainable. Case-Laws Central Excise Wed, 24 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78719