https://www.taxtmi.com/caselaws?id=86223 Custom-made cylinders used for printing pouches were held not to be loaded in full into assessable value where their usable life extended over multiple clearances; only the proportionate amortised value attributable to the relevant pouches was includible, requiring fresh valuation on that basis. Notional interest on advances taken towards cylinder price was excluded because there was no evidence that the advances depressed the declared price or amounted to extra consideration. On limitation, non-disclosure of the separate cylinder price in excise records and price declarations supported suppression with intent to evade duty, so the extended period remained available. en-us Fri, 17 Jan 1997 00:00:00 +0530 Tue, 16 Aug 2011 15:32:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86223 Custom-made cylinders used for printing pouches were held not to be loaded in full into assessable value where their usable life extended over multiple clearances; only the proportionate amortised value attributable to the relevant pouches was includible, requiring fresh valuation on that basis. Notional interest on advances taken towards cylinder price was excluded because there was no evidence that the advances depressed the declared price or amounted to extra consideration. On limitation, non-disclosure of the separate cylinder price in excise records and price declarations supported suppression with intent to evade duty, so the extended period remained available. Case-Laws Central Excise Fri, 17 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86223