https://www.taxtmi.com/caselaws?id=93219 Approved classification lists that fully disclose the nature of goods defeat an allegation of misdeclaration and prevent invocation of the extended limitation period under Section 11A of the Central Excise Act; the demand was therefore time-barred. Tooling charges recovered from customers were includible in assessable value because the tooling was necessary to make the product marketable and fell within settled principles covering design and engineering-related charges. On penalty, the partial success of the appeal and the limitation finding justified reduction of the penalty under Rule 173Q(1) of the Central Excise Rules. en-us Tue, 21 Dec 1999 00:00:00 +0530 Wed, 09 Nov 2011 11:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93219 Approved classification lists that fully disclose the nature of goods defeat an allegation of misdeclaration and prevent invocation of the extended limitation period under Section 11A of the Central Excise Act; the demand was therefore time-barred. Tooling charges recovered from customers were includible in assessable value because the tooling was necessary to make the product marketable and fell within settled principles covering design and engineering-related charges. On penalty, the partial success of the appeal and the limitation finding justified reduction of the penalty under Rule 173Q(1) of the Central Excise Rules. Case-Laws Central Excise Tue, 21 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93219