https://www.taxtmi.com/caselaws?id=88988 A claim that excisable goods had become scrap must be supported by evidence; where no material shows that ingot moulds had lost their character or were fit only for metal recovery, classification as scrap is not able. The Tribunal also upheld valuation on the actual sale price because the appeal record admitted that assessable value was taken at the sale rate, and no contrary factual basis was shown. On limitation, clearance as scrap was not disclosed in the classification list and suppression of facts justified invocation of the extended period. The duty demand on ingot moulds under Heading 8454.00, the valuation method, and the time-bar objection were all rejected. en-us Wed, 04 Feb 1998 00:00:00 +0530 Thu, 22 Sep 2011 16:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88988 A claim that excisable goods had become scrap must be supported by evidence; where no material shows that ingot moulds had lost their character or were fit only for metal recovery, classification as scrap is not able. The Tribunal also upheld valuation on the actual sale price because the appeal record admitted that assessable value was taken at the sale rate, and no contrary factual basis was shown. On limitation, clearance as scrap was not disclosed in the classification list and suppression of facts justified invocation of the extended period. The duty demand on ingot moulds under Heading 8454.00, the valuation method, and the time-bar objection were all rejected. Case-Laws Central Excise Wed, 04 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88988