https://www.taxtmi.com/caselaws?id=114752 Scrubber liquor used in the manufacture of sodium silicate to adjust viscosity was treated as an input used in or in relation to manufacture, so Modvat credit was admissible. The transaction price of sodium silicate was accepted as the assessable value because a fully commercial, market-driven sale price is not to be disturbed merely because the value of a waste or incidental material was not separately added, and no undervaluation was shown. Allegations of collusion were unsupported by concealment, suppression, or intent to evade duty, so the extended period of limitation under excise law was not available. en-us Mon, 22 Nov 2004 00:00:00 +0530 Sat, 19 May 2012 16:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114752 Scrubber liquor used in the manufacture of sodium silicate to adjust viscosity was treated as an input used in or in relation to manufacture, so Modvat credit was admissible. The transaction price of sodium silicate was accepted as the assessable value because a fully commercial, market-driven sale price is not to be disturbed merely because the value of a waste or incidental material was not separately added, and no undervaluation was shown. Allegations of collusion were unsupported by concealment, suppression, or intent to evade duty, so the extended period of limitation under excise law was not available. Case-Laws Central Excise Mon, 22 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114752