https://www.taxtmi.com/caselaws?id=121592 The Tribunal upheld the duty and penalty demanded under the impugned order, directing the appellants to pay the full amount of duty within a specified timeframe. The judgment emphasizes the importance of accurate disclosure and compliance with valuation requirements under Section 4 of the Act, highlighting the burden of proof on the appellants to substantiate their valuation method, particularly concerning the cost structure of free supplies. The decision underscores the significance of transparency in financial disclosures to prevent potential revenue losses and legal consequences. en-us Tue, 08 May 2007 00:00:00 +0530 Tue, 31 Jul 2012 18:04:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121592 The Tribunal upheld the duty and penalty demanded under the impugned order, directing the appellants to pay the full amount of duty within a specified timeframe. The judgment emphasizes the importance of accurate disclosure and compliance with valuation requirements under Section 4 of the Act, highlighting the burden of proof on the appellants to substantiate their valuation method, particularly concerning the cost structure of free supplies. The decision underscores the significance of transparency in financial disclosures to prevent potential revenue losses and legal consequences. Case-Laws Central Excise Tue, 08 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121592