https://www.taxtmi.com/caselaws?id=359197 Optional software supplied separately at the buyer's choice was disputed as part of the assessable value of manufactured goods, but the Tribunal found the valuation position was not free from doubt and had been considered in earlier Supreme Court jurisprudence. Because the assessee held a bona fide view supported by competing legal interpretations on valuation, the extended period of limitation could not be invoked for duty demand on that basis. The demand was therefore set aside on limitation in favour of the assessee. en-us Tue, 10 Apr 2018 00:00:00 +0530 Thu, 26 Apr 2018 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359197 Optional software supplied separately at the buyer's choice was disputed as part of the assessable value of manufactured goods, but the Tribunal found the valuation position was not free from doubt and had been considered in earlier Supreme Court jurisprudence. Because the assessee held a bona fide view supported by competing legal interpretations on valuation, the extended period of limitation could not be invoked for duty demand on that basis. The demand was therefore set aside on limitation in favour of the assessee. Case-Laws Central Excise Tue, 10 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359197