https://www.taxtmi.com/caselaws?id=99842 Free-supplied inputs used by a job worker who elects to pay duty on the manufactured goods form part of the assessable value under Section 4; Rule 57F(2) does not permit exclusion of their material cost. Extended limitation under Section 11A does not apply where the Department knew of the input movement and the assessee had disclosed its valuation method in writing, as these facts negate suppression or wilful misstatement. Consequently, a demand raised beyond the normal limitation period is time-barred and the related penalty cannot be sustained. en-us Thu, 28 Sep 2000 00:00:00 +0530 Mon, 30 Jan 2012 13:06:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99842 Free-supplied inputs used by a job worker who elects to pay duty on the manufactured goods form part of the assessable value under Section 4; Rule 57F(2) does not permit exclusion of their material cost. Extended limitation under Section 11A does not apply where the Department knew of the input movement and the assessee had disclosed its valuation method in writing, as these facts negate suppression or wilful misstatement. Consequently, a demand raised beyond the normal limitation period is time-barred and the related penalty cannot be sustained. Case-Laws Central Excise Thu, 28 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99842