https://www.taxtmi.com/caselaws?id=198418 The tribunal held that the differential amount received from the Oil Pool Account must be included in the assessable value for calculating Central Excise duty. The demand for the period beyond one year prior to the show cause notice was barred by limitation due to insufficient evidence of willful suppression or misstatement. The matter was remanded to the original adjudicating authority for re-quantification of duty, interest, and penalty for the one-year period before the show cause notice date. The liability of duty beyond one year was set aside. en-us Wed, 05 Oct 2016 00:00:00 +0530 Wed, 31 Jan 2018 07:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198418 The tribunal held that the differential amount received from the Oil Pool Account must be included in the assessable value for calculating Central Excise duty. The demand for the period beyond one year prior to the show cause notice was barred by limitation due to insufficient evidence of willful suppression or misstatement. The matter was remanded to the original adjudicating authority for re-quantification of duty, interest, and penalty for the one-year period before the show cause notice date. The liability of duty beyond one year was set aside. Case-Laws Central Excise Wed, 05 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198418