https://www.taxtmi.com/caselaws?id=118580 Differential excise duty on washing machine parts had to be reworked because the assessable value had not been consistently quantified after accounting for the amortised value of moulds supplied free of cost by the buyer; the demand was therefore remanded for fresh computation on the basis of the buyer's statements. Penalty under Rule 173Q was also sent back for reconsideration because the duty issue itself required redetermination. Penalty under Section 11AC could not apply for the period before 28-9-1996, as that provision was not then in force; penalty for the remaining period was left open for fresh decision on remand. en-us Thu, 03 Aug 2006 00:00:00 +0530 Wed, 04 Jul 2012 12:44:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118580 Differential excise duty on washing machine parts had to be reworked because the assessable value had not been consistently quantified after accounting for the amortised value of moulds supplied free of cost by the buyer; the demand was therefore remanded for fresh computation on the basis of the buyer's statements. Penalty under Rule 173Q was also sent back for reconsideration because the duty issue itself required redetermination. Penalty under Section 11AC could not apply for the period before 28-9-1996, as that provision was not then in force; penalty for the remaining period was left open for fresh decision on remand. Case-Laws Central Excise Thu, 03 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118580