https://www.taxtmi.com/caselaws?id=364604 The tribunal upheld the department's decision in a case involving the valuation of job charges influenced by interest-free advances. The appellant failed to prove that job charges for their sister concern were the same as those for other customers, leading to the enhancement of duty. The tribunal also supported the invocation of the extended period of limitation due to suppression of facts and upheld the imposition of interest and penalty under Section 11AC for tax evasion. The appeal was dismissed, emphasizing the need for transparency and compliance in financial dealings. en-us Thu, 14 Jun 2018 00:00:00 +0530 Thu, 02 Aug 2018 07:48:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364604 The tribunal upheld the department's decision in a case involving the valuation of job charges influenced by interest-free advances. The appellant failed to prove that job charges for their sister concern were the same as those for other customers, leading to the enhancement of duty. The tribunal also supported the invocation of the extended period of limitation due to suppression of facts and upheld the imposition of interest and penalty under Section 11AC for tax evasion. The appeal was dismissed, emphasizing the need for transparency and compliance in financial dealings. Case-Laws Central Excise Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364604