https://www.taxtmi.com/caselaws?id=203731 The Tribunal ruled that free supplied moulds should not be subject to amortisation for determining assessable value. The first show cause notice period was deemed time-barred as the demand had been discharged earlier, precluding penalty imposition. However, for the second notice period, penalty provisions under section 11AC applied due to non-payment of duty demand. The appellant was granted partial relief, with no penalty for the first period and a concessional penalty for the second, contingent on meeting specified conditions. The appeal was partly allowed based on these findings. en-us Wed, 04 May 2011 00:00:00 +0530 Fri, 10 Jun 2011 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203731 The Tribunal ruled that free supplied moulds should not be subject to amortisation for determining assessable value. The first show cause notice period was deemed time-barred as the demand had been discharged earlier, precluding penalty imposition. However, for the second notice period, penalty provisions under section 11AC applied due to non-payment of duty demand. The appellant was granted partial relief, with no penalty for the first period and a concessional penalty for the second, contingent on meeting specified conditions. The appeal was partly allowed based on these findings. Case-Laws Central Excise Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203731