https://www.taxtmi.com/caselaws?id=115825 The Tribunal upheld the Commissioner's decision to exclude secondary packing charges from the assessable value of Pneumatic Products under Section 4(1)(a) of the Central Excise Act. It was held that only manufacturing cost and profits, not the cost of secondary packing or marginal profit, should be added. The Tribunal found that demands were time-barred, as all facts were known to the Department, and rejected the appeal, emphasizing the importance of consistent application of legal principles in determining assessable value and time limitations on demands. en-us Tue, 14 Dec 2004 00:00:00 +0530 Mon, 04 Jun 2012 14:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115825 The Tribunal upheld the Commissioner's decision to exclude secondary packing charges from the assessable value of Pneumatic Products under Section 4(1)(a) of the Central Excise Act. It was held that only manufacturing cost and profits, not the cost of secondary packing or marginal profit, should be added. The Tribunal found that demands were time-barred, as all facts were known to the Department, and rejected the appeal, emphasizing the importance of consistent application of legal principles in determining assessable value and time limitations on demands. Case-Laws Central Excise Tue, 14 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115825