https://www.taxtmi.com/caselaws?id=758591 CESTAT Kolkata held that sales tax concession retained by the appellant must be included in assessable value for Central Excise duty levy, following SC precedent in Commissioner of Central Excise, Jaipur-II v. Super Synotex (India) Ltd. However, extended period of limitation was not invokable as no suppression was established, with VAT details disclosed in audited financial statements. Penalty under Section 11AC was also not imposable. Appeal disposed of with partial relief to appellant. en-us Wed, 11 Sep 2024 00:00:00 +0530 Tue, 17 Sep 2024 08:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758591 CESTAT Kolkata held that sales tax concession retained by the appellant must be included in assessable value for Central Excise duty levy, following SC precedent in Commissioner of Central Excise, Jaipur-II v. Super Synotex (India) Ltd. However, extended period of limitation was not invokable as no suppression was established, with VAT details disclosed in audited financial statements. Penalty under Section 11AC was also not imposable. Appeal disposed of with partial relief to appellant. Case-Laws Central Excise Wed, 11 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758591