https://www.taxtmi.com/caselaws?id=353901 Bought-out parts and accessories supplied independently as replacement spares, without any manufacturing activity, are not subject to central excise duty; their value is therefore excluded from assessable value. Parts supplied with the main machine remain distinct because they have already been considered in its assessable value. Sales tax deductions are available only to the extent actually remitted to the Government. Excess sales tax collected but not paid to the Government forms part of assessable value. Failure to disclose such excess collection in invoices and RT-12 returns supports extended limitation and penalty, although penalty may be reduced where the duty demand partly fails. en-us Thu, 11 Jan 2018 00:00:00 +0530 Fri, 23 Feb 2018 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353901 Bought-out parts and accessories supplied independently as replacement spares, without any manufacturing activity, are not subject to central excise duty; their value is therefore excluded from assessable value. Parts supplied with the main machine remain distinct because they have already been considered in its assessable value. Sales tax deductions are available only to the extent actually remitted to the Government. Excess sales tax collected but not paid to the Government forms part of assessable value. Failure to disclose such excess collection in invoices and RT-12 returns supports extended limitation and penalty, although penalty may be reduced where the duty demand partly fails. Case-Laws Central Excise Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353901