https://www.taxtmi.com/caselaws?id=259500 The Tribunal upheld the Commissioner's order, confirming duty demands for non-inclusion of amortization costs, drawings, and 10% profit on goods supplied to sister concerns. Penalties and interest were imposed despite appellant's arguments of misinterpretation and revenue neutrality. The Tribunal emphasized the obligation to pay correct duty, dismissing the appeals and citing precedent for penalties in duty evasion cases. The impugned order was upheld in full, stressing compliance with valuation rules and duty payment obligations. en-us Thu, 23 Apr 2015 00:00:00 +0530 Tue, 12 May 2015 19:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259500 The Tribunal upheld the Commissioner's order, confirming duty demands for non-inclusion of amortization costs, drawings, and 10% profit on goods supplied to sister concerns. Penalties and interest were imposed despite appellant's arguments of misinterpretation and revenue neutrality. The Tribunal emphasized the obligation to pay correct duty, dismissing the appeals and citing precedent for penalties in duty evasion cases. The impugned order was upheld in full, stressing compliance with valuation rules and duty payment obligations. Case-Laws Central Excise Thu, 23 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259500