https://www.taxtmi.com/caselaws?id=118648 Where the assessee failed to show that stainless steel scrap cleared to a sister unit was different in nature or quality from scrap sold to independent buyers, the valuation adopted by the lower authorities was sustained and the duty demand upheld. The same invoice description with unexplained price disparity supported rejection of the assessee's challenge. On penalty, revenue neutrality was treated as relevant to mens rea, and the surrounding facts did not support an inference of intent to evade duty, so the penalty was set aside. en-us Fri, 08 Sep 2006 00:00:00 +0530 Wed, 04 Jul 2012 17:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118648 Where the assessee failed to show that stainless steel scrap cleared to a sister unit was different in nature or quality from scrap sold to independent buyers, the valuation adopted by the lower authorities was sustained and the duty demand upheld. The same invoice description with unexplained price disparity supported rejection of the assessee's challenge. On penalty, revenue neutrality was treated as relevant to mens rea, and the surrounding facts did not support an inference of intent to evade duty, so the penalty was set aside. Case-Laws Central Excise Fri, 08 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118648