https://www.taxtmi.com/caselaws?id=1478 The Tribunal upheld the inclusion of the cost of gunny bags in the assessable value of cement due to lack of evidence from the appellants. However, the penalty of Rs. 25,000 was set aside considering the situation where records were destroyed, preventing the establishment of the returnable nature of the gunny bags. en-us Mon, 28 Aug 2006 00:00:00 +0530 Mon, 14 Apr 2008 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1478 The Tribunal upheld the inclusion of the cost of gunny bags in the assessable value of cement due to lack of evidence from the appellants. However, the penalty of Rs. 25,000 was set aside considering the situation where records were destroyed, preventing the establishment of the returnable nature of the gunny bags. Case-Laws Central Excise Mon, 28 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1478