https://www.taxtmi.com/caselaws?id=99256 Recoveries from customers for maintenance of printing cylinders were treated as part of assessable value because the cylinders were an essential component of manufacture and related service charges could not be excluded. Modvat credit was denied for disputed consignments because the Rule 57G declaration was filed beyond six months from receipt of the inputs, and the delayed filing was not covered by the relevant provision. Personal penalties were considered excessive on the facts and were reduced, while the substantive duty demand and credit denial were sustained. en-us Mon, 06 Nov 2000 00:00:00 +0530 Wed, 25 Jan 2012 17:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99256 Recoveries from customers for maintenance of printing cylinders were treated as part of assessable value because the cylinders were an essential component of manufacture and related service charges could not be excluded. Modvat credit was denied for disputed consignments because the Rule 57G declaration was filed beyond six months from receipt of the inputs, and the delayed filing was not covered by the relevant provision. Personal penalties were considered excessive on the facts and were reduced, while the substantive duty demand and credit denial were sustained. Case-Laws Central Excise Mon, 06 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99256