https://www.taxtmi.com/caselaws?id=239976 The Tribunal directed the applicants, who were job workers, to deposit a specified amount due to the non-inclusion of scrap value in the assessable value for the manufacture of tractor parts. The Tribunal emphasized that if retaining scrap reduces conversion charges, its value should be included in the assessable value. The Tribunal also ruled that the applicants failed to establish a prima facie case for waiving the entire tax and penalty amount, ordering them to make a specific deposit within a set timeframe. Compliance with the deposit requirement resulted in the waiver of the remaining tax, interest, and penalty during the appeal process. en-us Tue, 28 May 2013 00:00:00 +0530 Sun, 24 Nov 2013 08:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239976 The Tribunal directed the applicants, who were job workers, to deposit a specified amount due to the non-inclusion of scrap value in the assessable value for the manufacture of tractor parts. The Tribunal emphasized that if retaining scrap reduces conversion charges, its value should be included in the assessable value. The Tribunal also ruled that the applicants failed to establish a prima facie case for waiving the entire tax and penalty amount, ordering them to make a specific deposit within a set timeframe. Compliance with the deposit requirement resulted in the waiver of the remaining tax, interest, and penalty during the appeal process. Case-Laws Central Excise Tue, 28 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239976