https://www.taxtmi.com/caselaws?id=279897 Where plastic caps are fitted to tubes before clearance from the factory, their value forms part of the assessable value of the finished tubes. Nondisclosure of the exclusion of cap value supports invocation of the extended limitation period for demand. Penalty may be reduced where the facts justify moderation, and interest under Section 11AB is not leviable for clearances made before the provision's recognised temporal coverage. The discussion therefore treats component value inclusion and extended limitation as sustainable, while denying interest and granting partial relief on penalty. en-us Thu, 30 Jan 2003 00:00:00 +0530 Wed, 10 Apr 2019 13:20:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279897 Where plastic caps are fitted to tubes before clearance from the factory, their value forms part of the assessable value of the finished tubes. Nondisclosure of the exclusion of cap value supports invocation of the extended limitation period for demand. Penalty may be reduced where the facts justify moderation, and interest under Section 11AB is not leviable for clearances made before the provision's recognised temporal coverage. The discussion therefore treats component value inclusion and extended limitation as sustainable, while denying interest and granting partial relief on penalty. Case-Laws Central Excise Thu, 30 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279897