https://www.taxtmi.com/caselaws?id=216648 The tribunal upheld the duty demand and interest but set aside the penalty imposed on the assessees. The appeal was partly allowed, confirming the differential duty charge due to the incorrect transaction value for 'demo bikes' compared to 'normal bikes' under the Central Excise Act, 1944. The penalty was deemed unwarranted as the assessees had paid duty based on invoiced values within the limitation period. en-us Wed, 06 Jul 2011 00:00:00 +0530 Thu, 06 Sep 2012 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216648 The tribunal upheld the duty demand and interest but set aside the penalty imposed on the assessees. The appeal was partly allowed, confirming the differential duty charge due to the incorrect transaction value for 'demo bikes' compared to 'normal bikes' under the Central Excise Act, 1944. The penalty was deemed unwarranted as the assessees had paid duty based on invoiced values within the limitation period. Case-Laws Central Excise Wed, 06 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216648