https://www.taxtmi.com/caselaws?id=115234 The appeal was filed against the confirmation of demand and Central Excise duty with a penalty. The Appellants successfully argued for valuation of goods based on costing data rather than sale price, challenged the time limit for demanding duty, and sought a refund of excess duty paid. The Tribunal agreed that the extended period of limitation for demanding duty was not applicable as the Appellants had disclosed all relevant information. The Tribunal upheld the duty within the normal period but set aside the demand beyond the normal period. The Commissioner was directed to reconsider the imposition of any penalty during the recomputation of the demand. en-us Tue, 15 Mar 2005 00:00:00 +0530 Thu, 24 May 2012 18:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115234 The appeal was filed against the confirmation of demand and Central Excise duty with a penalty. The Appellants successfully argued for valuation of goods based on costing data rather than sale price, challenged the time limit for demanding duty, and sought a refund of excess duty paid. The Tribunal agreed that the extended period of limitation for demanding duty was not applicable as the Appellants had disclosed all relevant information. The Tribunal upheld the duty within the normal period but set aside the demand beyond the normal period. The Commissioner was directed to reconsider the imposition of any penalty during the recomputation of the demand. Case-Laws Central Excise Tue, 15 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115234