https://www.taxtmi.com/caselaws?id=118233 The Tribunal upheld the demand for a differential duty and penalty against the appellants for valuing goods based on higher prices from their sister concern. The Tribunal rejected the plea of time limitation due to the assessee's knowledge of relevant Supreme Court decisions. Despite the suppression of information regarding the relationship with the sister concern, the Tribunal considered the appellant's financial hardship, directing them to pre-deposit a specified amount within a timeframe due to their poor financial condition. Compliance was required by a specified date. en-us Fri, 26 May 2006 00:00:00 +0530 Fri, 29 Jun 2012 13:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118233 The Tribunal upheld the demand for a differential duty and penalty against the appellants for valuing goods based on higher prices from their sister concern. The Tribunal rejected the plea of time limitation due to the assessee's knowledge of relevant Supreme Court decisions. Despite the suppression of information regarding the relationship with the sister concern, the Tribunal considered the appellant's financial hardship, directing them to pre-deposit a specified amount within a timeframe due to their poor financial condition. Compliance was required by a specified date. Case-Laws Central Excise Fri, 26 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118233