https://www.taxtmi.com/caselaws?id=183256 The Tribunal held that the amortized cost of moulds should be included in the assessable value of plastic components/parts. Despite initial penalties and interest imposed by the Commissioner (Appeals), the Tribunal set them aside, citing lack of clarity during the relevant period and no established intention to evade duty payment. The decision aligned with the Mutual Industries case and resolved conflicting Tribunal views, ultimately determining that penal action was unwarranted due to the uncertainty surrounding the issue. en-us Fri, 23 Jan 2004 00:00:00 +0530 Thu, 02 Jun 2016 18:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183256 The Tribunal held that the amortized cost of moulds should be included in the assessable value of plastic components/parts. Despite initial penalties and interest imposed by the Commissioner (Appeals), the Tribunal set them aside, citing lack of clarity during the relevant period and no established intention to evade duty payment. The decision aligned with the Mutual Industries case and resolved conflicting Tribunal views, ultimately determining that penal action was unwarranted due to the uncertainty surrounding the issue. Case-Laws Central Excise Fri, 23 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183256