https://www.taxtmi.com/caselaws?id=96018 Settlement proceedings are confined to the case disclosed by the show cause notice and the settlement application, so the Commission cannot enlarge the demand period or duty quantum beyond that dispute. Where the sale price is cum-duty, the duty element must be deducted in computing assessable value, but no further abatement is allowed for culls and waste if that loss has already been accounted for. Modvat credit may be accepted on available material even without normal records where the input-output correlation is reasonably shown. Full disclosure and cooperation can justify immunity from prosecution and penalties, while interest may still be directed on wrongly availed exemption. en-us Thu, 17 May 2001 00:00:00 +0530 Fri, 16 Dec 2011 16:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96018 Settlement proceedings are confined to the case disclosed by the show cause notice and the settlement application, so the Commission cannot enlarge the demand period or duty quantum beyond that dispute. Where the sale price is cum-duty, the duty element must be deducted in computing assessable value, but no further abatement is allowed for culls and waste if that loss has already been accounted for. Modvat credit may be accepted on available material even without normal records where the input-output correlation is reasonably shown. Full disclosure and cooperation can justify immunity from prosecution and penalties, while interest may still be directed on wrongly availed exemption. Case-Laws Central Excise Thu, 17 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96018