https://www.taxtmi.com/caselaws?id=94164 The Tribunal allowed the appeal, setting aside the Order-in-Original that determined the assessable value of T.V. sets produced by the appellant at Rs. 1981 per set. The Tribunal concluded that the declared price of Rs. 1750 per set was genuine, rejecting the Collector's calculation based on costing data discrepancies. It emphasized that as long as the declared price was genuine, demanding duty at a higher value was unjustified, and discrepancies in costing data did not warrant rejection of the declared price. The show cause notice was deemed time-barred due to the absence of specific allegations justifying the delayed action. en-us Tue, 14 Jan 1997 00:00:00 +0530 Sat, 19 Nov 2011 15:32:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94164 The Tribunal allowed the appeal, setting aside the Order-in-Original that determined the assessable value of T.V. sets produced by the appellant at Rs. 1981 per set. The Tribunal concluded that the declared price of Rs. 1750 per set was genuine, rejecting the Collector's calculation based on costing data discrepancies. It emphasized that as long as the declared price was genuine, demanding duty at a higher value was unjustified, and discrepancies in costing data did not warrant rejection of the declared price. The show cause notice was deemed time-barred due to the absence of specific allegations justifying the delayed action. Case-Laws Central Excise Tue, 14 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94164