https://www.taxtmi.com/caselaws?id=336811 The Tribunal set aside the demand of Excise duty on bought out items supplied directly to customers, ruling that Rule 6 of Valuation Rules did not apply as the bought out items were not part of the control panels manufactured by the appellant. Allegations of suppression of facts and extended period of demand were dismissed, and separate accounts for manufacturing and trading units were crucial in determining excise duty applicability. The misapplication of Rule 6 was noted, and it was established that the bought out items were not essential for the control panels. The Tribunal allowed the appeals, granted consequential benefits, and deleted the personal penalty on the Directors. en-us Fri, 19 Aug 2016 00:00:00 +0530 Thu, 01 Feb 2018 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336811 The Tribunal set aside the demand of Excise duty on bought out items supplied directly to customers, ruling that Rule 6 of Valuation Rules did not apply as the bought out items were not part of the control panels manufactured by the appellant. Allegations of suppression of facts and extended period of demand were dismissed, and separate accounts for manufacturing and trading units were crucial in determining excise duty applicability. The misapplication of Rule 6 was noted, and it was established that the bought out items were not essential for the control panels. The Tribunal allowed the appeals, granted consequential benefits, and deleted the personal penalty on the Directors. Case-Laws Central Excise Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336811