https://www.taxtmi.com/caselaws?id=235445 Cum-duty valuation depends on the nature of the clearances and the factual matrix supporting treatment of the realised price for assessable-value purposes. A precedent based on materially different transactions may not govern that valuation analysis. Where the applicable facts support the appellate approach, the resulting reduction in duty may be maintained. Penalty for duty evasion under section 11AC, where the provision applies, is coextensive with the duty evaded and cannot be reduced through discretion. The statutory option for reduced penalty payment within the prescribed period remains available. en-us Fri, 28 Jun 2013 00:00:00 +0530 Wed, 24 Jul 2013 08:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235445 Cum-duty valuation depends on the nature of the clearances and the factual matrix supporting treatment of the realised price for assessable-value purposes. A precedent based on materially different transactions may not govern that valuation analysis. Where the applicable facts support the appellate approach, the resulting reduction in duty may be maintained. Penalty for duty evasion under section 11AC, where the provision applies, is coextensive with the duty evaded and cannot be reduced through discretion. The statutory option for reduced penalty payment within the prescribed period remains available. Case-Laws Central Excise Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235445