https://www.taxtmi.com/caselaws?id=115985 The Tribunal ruled in favor of the appellant in a case involving undervaluation of goods, time bar for issuing show cause notices, comparison of job work prices with bulk sales, and imposition of penalty and interest. The Tribunal held that subsequent show cause notices were time-barred, emphasizing the accurate valuation of goods supplied to job suppliers based on costing data. The appellant's arguments citing legal precedents were deemed persuasive, leading to the allowance of the appeal due to the lack of suppression or misdeclaration of details and the retrospective imposition of penalty and interest being disallowed. en-us Mon, 04 Apr 2005 00:00:00 +0530 Wed, 06 Jun 2012 13:10:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115985 The Tribunal ruled in favor of the appellant in a case involving undervaluation of goods, time bar for issuing show cause notices, comparison of job work prices with bulk sales, and imposition of penalty and interest. The Tribunal held that subsequent show cause notices were time-barred, emphasizing the accurate valuation of goods supplied to job suppliers based on costing data. The appellant's arguments citing legal precedents were deemed persuasive, leading to the allowance of the appeal due to the lack of suppression or misdeclaration of details and the retrospective imposition of penalty and interest being disallowed. Case-Laws Central Excise Mon, 04 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115985