https://www.taxtmi.com/caselaws?id=91433 In job-work valuation disputes, the principal's resale price cannot be adopted as the assessable value where no mutuality of interest is shown between the principal and the job worker. On the facts stated, the job worker had disclosed its activity and sought departmental clarification, so suppression of facts could not be alleged. As a result, the extended period of limitation was unavailable and penalties were not sustainable. The duty demand based on the principal's sale price, together with the related penalties, was set aside and consequential relief followed. en-us Fri, 14 May 1999 00:00:00 +0530 Tue, 18 Oct 2011 10:18:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91433 In job-work valuation disputes, the principal's resale price cannot be adopted as the assessable value where no mutuality of interest is shown between the principal and the job worker. On the facts stated, the job worker had disclosed its activity and sought departmental clarification, so suppression of facts could not be alleged. As a result, the extended period of limitation was unavailable and penalties were not sustainable. The duty demand based on the principal's sale price, together with the related penalties, was set aside and consequential relief followed. Case-Laws Central Excise Fri, 14 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91433