https://www.taxtmi.com/caselaws?id=101692 Recovery of Modvat credit on PVC cups used as packing material was upheld because the Rule 57F(3) intimation referred only to tapes and did not disclose the packing material; a general statement that packing charges formed part of the assessable value was held insufficient without supporting record. The duty demand was therefore confirmed. The separate penalty, however, was set aside because it did not survive independently on the facts recorded, giving the assessee partial relief on the penalty issue. en-us Thu, 14 Feb 2002 00:00:00 +0530 Fri, 10 Feb 2012 17:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101692 Recovery of Modvat credit on PVC cups used as packing material was upheld because the Rule 57F(3) intimation referred only to tapes and did not disclose the packing material; a general statement that packing charges formed part of the assessable value was held insufficient without supporting record. The duty demand was therefore confirmed. The separate penalty, however, was set aside because it did not survive independently on the facts recorded, giving the assessee partial relief on the penalty issue. Case-Laws Central Excise Thu, 14 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101692