https://www.taxtmi.com/caselaws?id=108276 Generic PCB assemblies cleared to depots could not be valued on the basis of customised PCBs sold ex-factory because the two were not materially identical: the customised goods required additional processing and were ready for fitment, while the depot clearances were generic and needed further work. The comparable-goods method therefore failed for want of proper similarity and adjustment. The extended period of limitation was also unavailable because clearances were made under approved central excise documents, the department knew the relevant facts, and there was no proof of suppression with intent to evade duty. The demand was unsustainable on both valuation and limitation grounds. en-us Wed, 11 Sep 2002 00:00:00 +0530 Fri, 30 Mar 2012 17:21:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108276 Generic PCB assemblies cleared to depots could not be valued on the basis of customised PCBs sold ex-factory because the two were not materially identical: the customised goods required additional processing and were ready for fitment, while the depot clearances were generic and needed further work. The comparable-goods method therefore failed for want of proper similarity and adjustment. The extended period of limitation was also unavailable because clearances were made under approved central excise documents, the department knew the relevant facts, and there was no proof of suppression with intent to evade duty. The demand was unsustainable on both valuation and limitation grounds. Case-Laws Central Excise Wed, 11 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108276