https://www.taxtmi.com/caselaws?id=102347 Penalty under Rule 173Q was set aside because the valuation dispute under Section 4 was treated as a pure question of interpretation, not suppression or culpable conduct. The assessees had furnished the cost sheet with the price list, and no concealment of facts was found. On that basis, the tribunal held that where the controversy is merely interpretational, penalty is not warranted. en-us Fri, 14 Dec 2001 00:00:00 +0530 Tue, 14 Feb 2012 15:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102347 Penalty under Rule 173Q was set aside because the valuation dispute under Section 4 was treated as a pure question of interpretation, not suppression or culpable conduct. The assessees had furnished the cost sheet with the price list, and no concealment of facts was found. On that basis, the tribunal held that where the controversy is merely interpretational, penalty is not warranted. Case-Laws Central Excise Fri, 14 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102347