https://www.taxtmi.com/caselaws?id=346638 The appellant, engaged in manufacturing LPG gas cylinders, challenged the inclusion of the value of valves provided by oil companies in the assessable value of cylinders. The Tribunal allowed credit for duty paid on valves, reducing the duty liability. The duty calculation was remanded to consider the entire consideration as cum duty. The penalty imposed based on a longer limitation period was set aside due to the appellant's good faith, with interest confirmed. The Tribunal ruled in favor of the appellant on all issues, adjusting duty liability and setting aside the penalty. en-us Tue, 11 Jul 2017 00:00:00 +0530 Fri, 15 Sep 2017 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346638 The appellant, engaged in manufacturing LPG gas cylinders, challenged the inclusion of the value of valves provided by oil companies in the assessable value of cylinders. The Tribunal allowed credit for duty paid on valves, reducing the duty liability. The duty calculation was remanded to consider the entire consideration as cum duty. The penalty imposed based on a longer limitation period was set aside due to the appellant's good faith, with interest confirmed. The Tribunal ruled in favor of the appellant on all issues, adjusting duty liability and setting aside the penalty. Case-Laws Central Excise Tue, 11 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346638