https://www.taxtmi.com/caselaws?id=179098 The Tribunal directed the original authority to recompute the tariff value based on an average MRP of Rs. 350 per piece due to incorrect computation methods. The Tribunal upheld the assessee's claim of returned goods, considering their unfamiliarity with excise procedures and lack of effort by the Revenue to correlate goods. The Tribunal ordered a reduction in the quantity of garments cleared due to admitted duplication of invoices. The extended period and penalty under Section 11AC were deemed applicable for the assessee's failure to register or pay excise duty, leading to a dismissal of the plea against penalty imposition. The matter was remanded for recalculating duty liability, interest, and penalties. en-us Tue, 03 Feb 2015 00:00:00 +0530 Sat, 20 Feb 2016 10:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179098 The Tribunal directed the original authority to recompute the tariff value based on an average MRP of Rs. 350 per piece due to incorrect computation methods. The Tribunal upheld the assessee's claim of returned goods, considering their unfamiliarity with excise procedures and lack of effort by the Revenue to correlate goods. The Tribunal ordered a reduction in the quantity of garments cleared due to admitted duplication of invoices. The extended period and penalty under Section 11AC were deemed applicable for the assessee's failure to register or pay excise duty, leading to a dismissal of the plea against penalty imposition. The matter was remanded for recalculating duty liability, interest, and penalties. Case-Laws Central Excise Tue, 03 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179098