https://www.taxtmi.com/caselaws?id=85294 Modvat credit may be allowed on duty-paid inputs supplied free of cost where a bona fide dispute on assessability made procedural declaration and register entries impracticable, provided the actual duty paid is verified and only the duty reflected in valuation is credited. Differential duty on railway wagons must be worked out by first determining the correct assessable value, then comparing the duty lawfully payable with duty already paid; a shortcut that directly adds the value of free-supplied inputs is improper. The matter is remitted for fresh quantification on the correct basis, with final computation left to the jurisdictional Assistant Collector. en-us Wed, 20 Mar 1996 00:00:00 +0530 Wed, 03 Aug 2011 19:00:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85294 Modvat credit may be allowed on duty-paid inputs supplied free of cost where a bona fide dispute on assessability made procedural declaration and register entries impracticable, provided the actual duty paid is verified and only the duty reflected in valuation is credited. Differential duty on railway wagons must be worked out by first determining the correct assessable value, then comparing the duty lawfully payable with duty already paid; a shortcut that directly adds the value of free-supplied inputs is improper. The matter is remitted for fresh quantification on the correct basis, with final computation left to the jurisdictional Assistant Collector. Case-Laws Central Excise Wed, 20 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85294