https://www.taxtmi.com/caselaws?id=3113 The tribunal found the appellants guilty of misdeclaring the value of materials used in manufacturing goods, leading to the suppression of dutiable value in invoices. Valid demands were raised for the specified periods due to this misdeclaration. A penalty of Rs. 60,000/- was initially imposed but reduced to Rs. 30,000/- in each case considering the duty amount. The tribunal upheld the penalty imposition and the validity of demands due to the misdeclaration and suppression of dutiable value, finalizing the judgment on the issues. en-us Mon, 06 Aug 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3113 The tribunal found the appellants guilty of misdeclaring the value of materials used in manufacturing goods, leading to the suppression of dutiable value in invoices. Valid demands were raised for the specified periods due to this misdeclaration. A penalty of Rs. 60,000/- was initially imposed but reduced to Rs. 30,000/- in each case considering the duty amount. The tribunal upheld the penalty imposition and the validity of demands due to the misdeclaration and suppression of dutiable value, finalizing the judgment on the issues. Case-Laws Central Excise Mon, 06 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3113