https://www.taxtmi.com/caselaws?id=99127 The Tribunal ruled that Service Charges paid by the appellants should be included in the assessable value of goods. The conversion rate for determining the assessable value must align with statutory guidelines. Stamp duty cannot be included in the assessable value as it is not part of the goods' price. The extended limitation period was upheld due to the appellants' wilful suppression of facts. Penalties imposed on the appellants were reduced by 50% in each appeal based on the circumstances and merits of the case. en-us Tue, 08 Aug 2000 00:00:00 +0530 Wed, 25 Jan 2012 12:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99127 The Tribunal ruled that Service Charges paid by the appellants should be included in the assessable value of goods. The conversion rate for determining the assessable value must align with statutory guidelines. Stamp duty cannot be included in the assessable value as it is not part of the goods' price. The extended limitation period was upheld due to the appellants' wilful suppression of facts. Penalties imposed on the appellants were reduced by 50% in each appeal based on the circumstances and merits of the case. Case-Laws Customs Tue, 08 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99127