https://www.taxtmi.com/caselaws?id=118079 The Tribunal upheld the Revenue's demand to include the value of labels affixed on cement bags in the assessable value, even if received free of cost. The appellant's argument that the labels were non-essential was rejected. The Tribunal found suppression of facts by the appellant for not disclosing label receipt to authorities. However, penalties were set aside as duty was paid before notice issuance, following a precedent. The impugned order was confirmed, emphasizing the inclusion of all materials in assessable value for excisable items, with penalties being overturned. en-us Tue, 23 May 2006 00:00:00 +0530 Thu, 28 Jun 2012 13:11:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118079 The Tribunal upheld the Revenue's demand to include the value of labels affixed on cement bags in the assessable value, even if received free of cost. The appellant's argument that the labels were non-essential was rejected. The Tribunal found suppression of facts by the appellant for not disclosing label receipt to authorities. However, penalties were set aside as duty was paid before notice issuance, following a precedent. The impugned order was confirmed, emphasizing the inclusion of all materials in assessable value for excisable items, with penalties being overturned. Case-Laws Central Excise Tue, 23 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118079