https://www.taxtmi.com/caselaws?id=85925 Ancillary amounts recovered as folding, stamping, packing and DA commission charges were held includible in assessable value because the evidence showed they were concealed in the records and formed part of the sale consideration rather than independent charges. Suppression of these charges, secret notation and inconsistent recording attracted the extended limitation period on the basis of misdeclaration and intent to evade duty. The quantified duty demand was not disturbed because no factual or arithmetical error was proved. Penalty was sustainable in principle, but the Tribunal reduced it from Rs. 5 lakhs to Rs. 3 lakhs as excessive. en-us Wed, 18 Sep 1996 00:00:00 +0530 Tue, 09 Aug 2011 11:00:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85925 Ancillary amounts recovered as folding, stamping, packing and DA commission charges were held includible in assessable value because the evidence showed they were concealed in the records and formed part of the sale consideration rather than independent charges. Suppression of these charges, secret notation and inconsistent recording attracted the extended limitation period on the basis of misdeclaration and intent to evade duty. The quantified duty demand was not disturbed because no factual or arithmetical error was proved. Penalty was sustainable in principle, but the Tribunal reduced it from Rs. 5 lakhs to Rs. 3 lakhs as excessive. Case-Laws Central Excise Wed, 18 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85925