https://www.taxtmi.com/caselaws?id=363375 The Tribunal held that charges for engineering drawing and designing are to be included in the assessable value of manufactured conveyor belts under Section 4 of the Central Excise Act, 1944. The extended time period under Section 11A was deemed inapplicable due to the absence of fraud or willful misstatement. Consequently, the imposition of a penalty under Section 11AC was unjustified. The matter was remanded for recalculating duty for the normal one-year period, with central excise duty beyond one year not being demandable. en-us Thu, 28 Jun 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363375 The Tribunal held that charges for engineering drawing and designing are to be included in the assessable value of manufactured conveyor belts under Section 4 of the Central Excise Act, 1944. The extended time period under Section 11A was deemed inapplicable due to the absence of fraud or willful misstatement. Consequently, the imposition of a penalty under Section 11AC was unjustified. The matter was remanded for recalculating duty for the normal one-year period, with central excise duty beyond one year not being demandable. Case-Laws Central Excise Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363375