https://www.taxtmi.com/caselaws?id=120997 Assessable value of goods cleared from up-country depots was held to follow the depot price at the place where the goods were ultimately sold, so freight and warehousing charges were included and the duty demand was sustained. On penalty, the short payment was admitted but arose in the context of a bona fide valuation dispute close to the amendment of the place of removal definition, and differential duty was later paid during appeal. In the absence of mens rea, the penalty under Rule 173Q was found excessive and reduced to Rs. 5,00,000. en-us Tue, 27 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 18:20:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120997 Assessable value of goods cleared from up-country depots was held to follow the depot price at the place where the goods were ultimately sold, so freight and warehousing charges were included and the duty demand was sustained. On penalty, the short payment was admitted but arose in the context of a bona fide valuation dispute close to the amendment of the place of removal definition, and differential duty was later paid during appeal. In the absence of mens rea, the penalty under Rule 173Q was found excessive and reduced to Rs. 5,00,000. Case-Laws Central Excise Tue, 27 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120997