https://www.taxtmi.com/caselaws?id=112440 The appeal focused on the correct quantification of duty demands based on the amortization of development charges for moulds supplied to OE manufacturers. The Tribunal emphasized the need to factor in the amortization amounts contributed by a third party and ruled against imposing penalties on the Director, as the issue primarily involved re-quantification of duty demands. The judgment directed a remand for re-quantification of duty and any applicable interest for the assessee, while setting aside the order for the Director. The decision highlighted the significance of accurate quantification and adherence to rules in determining duty liabilities and penalties. en-us Fri, 06 Aug 2004 00:00:00 +0530 Mon, 30 Apr 2012 10:55:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112440 The appeal focused on the correct quantification of duty demands based on the amortization of development charges for moulds supplied to OE manufacturers. The Tribunal emphasized the need to factor in the amortization amounts contributed by a third party and ruled against imposing penalties on the Director, as the issue primarily involved re-quantification of duty demands. The judgment directed a remand for re-quantification of duty and any applicable interest for the assessee, while setting aside the order for the Director. The decision highlighted the significance of accurate quantification and adherence to rules in determining duty liabilities and penalties. Case-Laws Central Excise Fri, 06 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112440