https://www.taxtmi.com/caselaws?id=346630 The Tribunal ruled against the appellant, emphasizing the inclusion of guarantee charges in the assessable value for excise duty payment. The appeal was dismissed, affirming the lower authorities' decision on penalties and interest. The Tribunal found the appellant's attempt to allocate a portion of the goods' value to the free guarantee unauthorized, deeming it as misdeclaration. The extended period of limitation argument raised by the appellant was not upheld, with the focus remaining on the correct assessment of the assessable value. en-us Tue, 03 Jan 2017 00:00:00 +0530 Mon, 21 Aug 2017 08:07:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346630 The Tribunal ruled against the appellant, emphasizing the inclusion of guarantee charges in the assessable value for excise duty payment. The appeal was dismissed, affirming the lower authorities' decision on penalties and interest. The Tribunal found the appellant's attempt to allocate a portion of the goods' value to the free guarantee unauthorized, deeming it as misdeclaration. The extended period of limitation argument raised by the appellant was not upheld, with the focus remaining on the correct assessment of the assessable value. Case-Laws Central Excise Tue, 03 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346630