https://www.taxtmi.com/caselaws?id=170294 Charges for acetoning were held to form part of the assessable value of dissolved acetylene gas because acetone was used as an essential solvent in the manufacturing process and not as a post-manufacturing service. Repair and handling charges were also includible where the record showed suppression of the true nature of the charge, justifying invocation of the extended limitation period. Personal penalty under Rule 209A could not stand without a specific finding of knowledge or reason to believe that the goods were liable to confiscation, so those penalties were set aside. Penalty under Rule 210 was treated as available, but was confined to the statutory ceiling. en-us Wed, 22 Dec 2010 00:00:00 +0530 Thu, 21 May 2015 18:32:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170294 Charges for acetoning were held to form part of the assessable value of dissolved acetylene gas because acetone was used as an essential solvent in the manufacturing process and not as a post-manufacturing service. Repair and handling charges were also includible where the record showed suppression of the true nature of the charge, justifying invocation of the extended limitation period. Personal penalty under Rule 209A could not stand without a specific finding of knowledge or reason to believe that the goods were liable to confiscation, so those penalties were set aside. Penalty under Rule 210 was treated as available, but was confined to the statutory ceiling. Case-Laws Central Excise Wed, 22 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170294