https://www.taxtmi.com/caselaws?id=1058 An independent job worker operating its own manufacturing facility was treated as the manufacturer, so assessable value had to be computed on the Ujagar Prints basis rather than the principal manufacturer's sale price; the valuation demand was set aside and remanded only for recomputation. SSI exemption was denied because the brand name was found to belong to another entity, the appellant's declarations were false, and the extended limitation period was justified. Demands for destroyed goods, clandestine removals and additional consideration were sustained, while turnover tax was excluded from assessable value. The Modvat reversal demand and interest were upheld, the separate Rule 173Q penalty was set aside, and the remaining penalties were reduced. en-us Wed, 30 Aug 2006 00:00:00 +0530 Mon, 14 Apr 2008 05:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1058 An independent job worker operating its own manufacturing facility was treated as the manufacturer, so assessable value had to be computed on the Ujagar Prints basis rather than the principal manufacturer's sale price; the valuation demand was set aside and remanded only for recomputation. SSI exemption was denied because the brand name was found to belong to another entity, the appellant's declarations were false, and the extended limitation period was justified. Demands for destroyed goods, clandestine removals and additional consideration were sustained, while turnover tax was excluded from assessable value. The Modvat reversal demand and interest were upheld, the separate Rule 173Q penalty was set aside, and the remaining penalties were reduced. Case-Laws Central Excise Wed, 30 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1058