https://www.taxtmi.com/caselaws?id=97016 Free-supplied materials form part of the assessable value of the final product under excise valuation principles, so their cost cannot be excluded from assessable value. However, the extended period of limitation was not invocable because the price lists disclosed different values for the same product, the purchase orders showed the materials were to be supplied free by the customer, and suppression or intent to evade duty was not established. Revenue neutrality also negatived deliberate evasion, so the demand was held time-barred and relief followed. en-us Mon, 07 Aug 2000 00:00:00 +0530 Fri, 13 Jan 2012 16:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97016 Free-supplied materials form part of the assessable value of the final product under excise valuation principles, so their cost cannot be excluded from assessable value. However, the extended period of limitation was not invocable because the price lists disclosed different values for the same product, the purchase orders showed the materials were to be supplied free by the customer, and suppression or intent to evade duty was not established. Revenue neutrality also negatived deliberate evasion, so the demand was held time-barred and relief followed. Case-Laws Central Excise Mon, 07 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97016