https://www.taxtmi.com/caselaws?id=100137 The Tribunal found in favor of the appellant in a case involving a dispute over the computation of assessable value under Valuation Rule 6(b)(i) or 6(b)(ii). The Tribunal noted the lack of clarity in the valuation process due to the Department not considering the average price of comparable goods. Additionally, the Tribunal raised concerns about the time-barred demand for duty and penalty, noting that a significant portion of the demand fell beyond the six-month limit from the issuance of the Show Cause Notice. The Tribunal directed the appellant to deposit a specific sum towards duty within a specified timeframe, with the balance amount of duty and total penalty to be waived upon compliance, considering the appellant's financial hardship. en-us Fri, 08 Jun 2001 00:00:00 +0530 Tue, 31 Jan 2012 13:06:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100137 The Tribunal found in favor of the appellant in a case involving a dispute over the computation of assessable value under Valuation Rule 6(b)(i) or 6(b)(ii). The Tribunal noted the lack of clarity in the valuation process due to the Department not considering the average price of comparable goods. Additionally, the Tribunal raised concerns about the time-barred demand for duty and penalty, noting that a significant portion of the demand fell beyond the six-month limit from the issuance of the Show Cause Notice. The Tribunal directed the appellant to deposit a specific sum towards duty within a specified timeframe, with the balance amount of duty and total penalty to be waived upon compliance, considering the appellant's financial hardship. Case-Laws Central Excise Fri, 08 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100137