https://www.taxtmi.com/caselaws?id=120812 In a valuation dispute, prima facie infirmities in the assessable value computation justified stay: interest cost was treated as not includable under CAS-4, and the revised working appeared to contain duplication in conversion cost, which could have inflated the duty demand. The department also failed to show, at least prima facie, suppression or intent to evade duty for invoking the extended period, particularly where the assessments had been made on approved values and comparable goods valuation was contemplated by the applicable rule. On these grounds, stay was granted and recovery was suspended pending disposal of the appeal. en-us Thu, 08 Feb 2007 00:00:00 +0530 Tue, 24 Jul 2012 15:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120812 In a valuation dispute, prima facie infirmities in the assessable value computation justified stay: interest cost was treated as not includable under CAS-4, and the revised working appeared to contain duplication in conversion cost, which could have inflated the duty demand. The department also failed to show, at least prima facie, suppression or intent to evade duty for invoking the extended period, particularly where the assessments had been made on approved values and comparable goods valuation was contemplated by the applicable rule. On these grounds, stay was granted and recovery was suspended pending disposal of the appeal. Case-Laws Central Excise Thu, 08 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120812