https://www.taxtmi.com/caselaws?id=354782 The Tribunal allowed the appeal in a case concerning the non-inclusion of royalty, bank, and LC opening charges in determining the assessable value of yarn for Central Excise duty liability. The appellant's argument that the proceedings were time-barred due to delayed issuance of the show cause notice was accepted. Despite the appellant's continuous engagement with the department on the disputed issues, the delay in issuing the notice rendered the proceedings time-barred. Consequently, the Tribunal set aside the delay in the show cause notice issuance, resulting in a favorable outcome for the appellant. en-us Wed, 11 Oct 2017 00:00:00 +0530 Mon, 05 Feb 2018 07:07:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354782 The Tribunal allowed the appeal in a case concerning the non-inclusion of royalty, bank, and LC opening charges in determining the assessable value of yarn for Central Excise duty liability. The appellant's argument that the proceedings were time-barred due to delayed issuance of the show cause notice was accepted. Despite the appellant's continuous engagement with the department on the disputed issues, the delay in issuing the notice rendered the proceedings time-barred. Consequently, the Tribunal set aside the delay in the show cause notice issuance, resulting in a favorable outcome for the appellant. Case-Laws Central Excise Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354782