https://www.taxtmi.com/caselaws?id=395980 The appellant, engaged in manufacturing goods for Indian Railways, faced allegations of undervaluation and suppression of facts regarding the sale value of scrap received. The dispute centered on the correct valuation method under the Central Excise Act. The Revenue demanded Central Excise duty and imposed penalties under Section 11AC, alleging intentional evasion. The appellant contested, arguing no suppression occurred and emphasizing interpretational issues. The case focused on the interpretation of Section 11AC and the presence of intent to evade duty, with the appellant relying on Supreme Court rulings to support their position. en-us Fri, 12 Jun 2020 00:00:00 +0530 Tue, 16 Jun 2020 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395980 The appellant, engaged in manufacturing goods for Indian Railways, faced allegations of undervaluation and suppression of facts regarding the sale value of scrap received. The dispute centered on the correct valuation method under the Central Excise Act. The Revenue demanded Central Excise duty and imposed penalties under Section 11AC, alleging intentional evasion. The appellant contested, arguing no suppression occurred and emphasizing interpretational issues. The case focused on the interpretation of Section 11AC and the presence of intent to evade duty, with the appellant relying on Supreme Court rulings to support their position. Case-Laws Central Excise Fri, 12 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395980