Appellant Suppressed Facts on Goods Valuation, Invoked Extended Limitation Under Central Excise for Non-Disclosure of Amortization Costs.

Appellant Suppressed Facts on Goods Valuation, Invoked Extended Limitation Under Central Excise for Non-Disclosure of Amortization Costs. https://www.taxtmi.com/highlights?id=22856 Invocation of extended period of limitation - Valuation of goods - It is not disputed that non-inclusion of the cost of amortization was not disclosed to the department and therefore this vital fact was suppressed - appellant have subscribed in the invoice to fake declaration that price is the sole consideration for sale and no other consideration in any form is flowing back to them - AT en-us Thu, 07 May 2015 10:40:08 +0530 Thu, 07 May 2015 10:40:08 +0530 TaxTMI RSS Generator Appellant Suppressed Facts on Goods Valuation, Invoked Extended Limitation Under Central Excise for Non-Disclosure of Amortization Costs. https://www.taxtmi.com/highlights?id=22856 Invocation of extended period of limitation - Valuation of goods - It is not disputed that non-inclusion of the cost of amortization was not disclosed to the department and therefore this vital fact was suppressed - appellant have subscribed in the invoice to fake declaration that price is the sole consideration for sale and no other consideration in any form is flowing back to them - AT Highlights Central Excise Thu, 07 May 2015 10:40:08 +0530 https://www.taxtmi.com/highlights?id=22856