https://www.taxtmi.com/caselaws?id=113672 The Tribunal ruled in favor of the appellants, holding that Modvat credit should not be included in the assessable value of the final product. The Commissioner's decision was overturned due to lack of evidence supporting the inclusion and the unjustified extension of the limitation period. The judgment emphasized the importance of adhering to settled legal principles and respecting previous Tribunal decisions in similar matters. en-us Wed, 02 Jul 2003 00:00:00 +0530 Mon, 07 May 2012 15:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113672 The Tribunal ruled in favor of the appellants, holding that Modvat credit should not be included in the assessable value of the final product. The Commissioner's decision was overturned due to lack of evidence supporting the inclusion and the unjustified extension of the limitation period. The judgment emphasized the importance of adhering to settled legal principles and respecting previous Tribunal decisions in similar matters. Case-Laws Central Excise Wed, 02 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113672