https://www.taxtmi.com/caselaws?id=354084 The Tribunal dismissed the appeal, ruling that the appellant must include the amortized value of patterns in the assessable value for excise duty. This decision was based on the provisions of the Central Excise Act, the Mutual Industries Ltd case precedent, and relevant Board Circulars. The appellant's argument that the entire cost was already accounted for in the initial order was rejected, emphasizing the ongoing value of the patterns beyond the estimated units produced. en-us Mon, 18 Dec 2017 00:00:00 +0530 Sat, 17 Feb 2018 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354084 The Tribunal dismissed the appeal, ruling that the appellant must include the amortized value of patterns in the assessable value for excise duty. This decision was based on the provisions of the Central Excise Act, the Mutual Industries Ltd case precedent, and relevant Board Circulars. The appellant's argument that the entire cost was already accounted for in the initial order was rejected, emphasizing the ongoing value of the patterns beyond the estimated units produced. Case-Laws Central Excise Mon, 18 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354084