https://www.taxtmi.com/caselaws?id=49870 Steel drums used to pack calcium carbide were treated as part of the assessable value where the purchase orders showed non-returnable supply and separate packing charges, and a later invoice endorsement could not override the contractual terms. Non-disclosure of the actual contract terms to the Department supported a finding of suppression, making the extended limitation period available. A plea of revenue neutrality based on possible Modvat credit did not, on these facts, negate suppression or defeat the demand. The stated result was that duty, penalty, and the demand were sustained. en-us Mon, 04 Sep 2000 00:00:00 +0530 Wed, 18 Aug 2010 11:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49870 Steel drums used to pack calcium carbide were treated as part of the assessable value where the purchase orders showed non-returnable supply and separate packing charges, and a later invoice endorsement could not override the contractual terms. Non-disclosure of the actual contract terms to the Department supported a finding of suppression, making the extended limitation period available. A plea of revenue neutrality based on possible Modvat credit did not, on these facts, negate suppression or defeat the demand. The stated result was that duty, penalty, and the demand were sustained. Case-Laws Central Excise Mon, 04 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49870