https://www.taxtmi.com/caselaws?id=181409 Assembly of complete machining centres imported in CKD condition was held not to amount to manufacture, because the factory operations only involved assembly, scraping, machining of mating surfaces, fitting of taper wedges, alignment and interfacing of controls and did not create a new product with a distinct name, character or use. The duty demand was also held time-barred, as the importer had disclosed the goods and sought departmental permission, which negatived suppression and the extended limitation period. Penalties on the company and its officers were set aside because the duty demand failed and no definite individual role in the alleged evasion was established. en-us Thu, 09 Feb 1995 00:00:00 +0530 Sat, 16 Apr 2016 12:50:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181409 Assembly of complete machining centres imported in CKD condition was held not to amount to manufacture, because the factory operations only involved assembly, scraping, machining of mating surfaces, fitting of taper wedges, alignment and interfacing of controls and did not create a new product with a distinct name, character or use. The duty demand was also held time-barred, as the importer had disclosed the goods and sought departmental permission, which negatived suppression and the extended limitation period. Penalties on the company and its officers were set aside because the duty demand failed and no definite individual role in the alleged evasion was established. Case-Laws Central Excise Thu, 09 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181409