https://www.taxtmi.com/caselaws?id=273723 The Supreme Court confirmed 20 products as ayurvedic medicines and directed re-determination of value for duty calculation, distinguishing them from cosmetics. The Apex Court instructed re-determination of value and re-quantification of duty based on sales to related parties and independent buyers. The Tribunal's decision on the extended limitation period was revisited, resulting in the confirmation of duty for specific periods. Penalties imposed on related parties were set aside, with the question of penalty on the appellant left open for further adjudication following challenges to the duty re-quantification process. en-us Thu, 04 Apr 2013 00:00:00 +0530 Mon, 30 Jul 2018 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273723 The Supreme Court confirmed 20 products as ayurvedic medicines and directed re-determination of value for duty calculation, distinguishing them from cosmetics. The Apex Court instructed re-determination of value and re-quantification of duty based on sales to related parties and independent buyers. The Tribunal's decision on the extended limitation period was revisited, resulting in the confirmation of duty for specific periods. Penalties imposed on related parties were set aside, with the question of penalty on the appellant left open for further adjudication following challenges to the duty re-quantification process. Case-Laws Central Excise Thu, 04 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273723