https://www.taxtmi.com/caselaws?id=33708 The Tribunal held that the amortization cost of moulds/dies provided by a customer should be included in the assessable value of excisable goods. The case was found to be barred by limitation as there was no wilful suppression of facts, leading to the impugned demand being set aside. Additionally, no penalty was imposed under Section 11AC of the Central Excise Act due to the respondents' willingness to settle the outstanding duty, resulting in the appeal by the Revenue being disposed of without imposing the penalty. en-us Fri, 05 Dec 2008 00:00:00 +0530 Fri, 05 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33708 The Tribunal held that the amortization cost of moulds/dies provided by a customer should be included in the assessable value of excisable goods. The case was found to be barred by limitation as there was no wilful suppression of facts, leading to the impugned demand being set aside. Additionally, no penalty was imposed under Section 11AC of the Central Excise Act due to the respondents' willingness to settle the outstanding duty, resulting in the appeal by the Revenue being disposed of without imposing the penalty. Case-Laws Central Excise Fri, 05 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33708