https://www.taxtmi.com/caselaws?id=126461 In a genuine job-work arrangement carried out under the prescribed challan procedure, the value of inputs supplied for the intermediate process is not added to the assessable value of the intermediate goods cleared by the job worker. Where records and challans disclose the arrangement, suppression, misstatement, or intent to evade duty cannot be inferred, and the extended limitation period is not invocable. On those principles, the duty demand, penalty, and interest could not be sustained on either valuation or limitation grounds. en-us Mon, 15 Jun 2009 00:00:00 +0530 Wed, 12 Jul 2017 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126461 In a genuine job-work arrangement carried out under the prescribed challan procedure, the value of inputs supplied for the intermediate process is not added to the assessable value of the intermediate goods cleared by the job worker. Where records and challans disclose the arrangement, suppression, misstatement, or intent to evade duty cannot be inferred, and the extended limitation period is not invocable. On those principles, the duty demand, penalty, and interest could not be sustained on either valuation or limitation grounds. Case-Laws Central Excise Mon, 15 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126461