https://www.taxtmi.com/caselaws?id=95742 Assembling imported SKD motor cycle components into a complete motor cycle was treated as manufacture because the process converted incomplete parts into a distinct commercial product with a new name, character and use; the finding was upheld against the assessee. The demand was partly time-barred because the department had prior knowledge of the assembly activity, so the extended period under limitation could not be invoked for the earlier part of the period. Penalty under section 11AC was unsustainable in the imposed amount in the absence of established suppression and was reduced. The Additional Commissioner was held competent to adjudicate the matter within the applicable monetary limits. en-us Thu, 28 Sep 2000 00:00:00 +0530 Wed, 14 Dec 2011 16:21:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95742 Assembling imported SKD motor cycle components into a complete motor cycle was treated as manufacture because the process converted incomplete parts into a distinct commercial product with a new name, character and use; the finding was upheld against the assessee. The demand was partly time-barred because the department had prior knowledge of the assembly activity, so the extended period under limitation could not be invoked for the earlier part of the period. Penalty under section 11AC was unsustainable in the imposed amount in the absence of established suppression and was reduced. The Additional Commissioner was held competent to adjudicate the matter within the applicable monetary limits. Case-Laws Central Excise Thu, 28 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95742