https://www.taxtmi.com/caselaws?id=785527 Where bitumen was sold from depots that functioned as the place of removal, valuation had to follow the depot sale value under Section 4 and Rule 7 of the Central Excise Valuation Rules, so the cost of barrels used for packing was not deductible. The extended period of limitation and penalty were unavailable because the assessee had disclosed the change in practice and there was no suppression with intent to evade duty; the penalty under Section 11AC was therefore unsustainable. Cenvat credit on duty-paid barrels used at the depots was admissible because the packing material was used to make the goods marketable before clearance from the depot. en-us Thu, 22 Jan 2026 00:00:00 +0530 Fri, 23 Jan 2026 12:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785527 Where bitumen was sold from depots that functioned as the place of removal, valuation had to follow the depot sale value under Section 4 and Rule 7 of the Central Excise Valuation Rules, so the cost of barrels used for packing was not deductible. The extended period of limitation and penalty were unavailable because the assessee had disclosed the change in practice and there was no suppression with intent to evade duty; the penalty under Section 11AC was therefore unsustainable. Cenvat credit on duty-paid barrels used at the depots was admissible because the packing material was used to make the goods marketable before clearance from the depot. Case-Laws Central Excise Thu, 22 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785527