https://www.taxtmi.com/caselaws?id=202538 Bought-out accessories supplied separately at the customer's insistence are not includible in the assessable value of a manufactured excisable product when they are not part of the goods cleared from the factory and are only optional additions improving performance. The same reasoning also affects limitation: where the assessee paid duty on the manufactured product and the separate supply did not involve positive suppression or misstatement with intent to evade duty, the extended period cannot be invoked. On that basis, the duty demand and penalties were set aside and consequential relief followed. en-us Wed, 08 Sep 2010 00:00:00 +0530 Sat, 02 Apr 2011 01:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202538 Bought-out accessories supplied separately at the customer's insistence are not includible in the assessable value of a manufactured excisable product when they are not part of the goods cleared from the factory and are only optional additions improving performance. The same reasoning also affects limitation: where the assessee paid duty on the manufactured product and the separate supply did not involve positive suppression or misstatement with intent to evade duty, the extended period cannot be invoked. On that basis, the duty demand and penalties were set aside and consequential relief followed. Case-Laws Central Excise Wed, 08 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202538