https://www.taxtmi.com/caselaws?id=51612 Exclusive, authorised use of a foreign collaborator's trade name can support ownership for excise exemption purposes, so duty cannot be denied merely because the assessee is not the original proprietor. Where the collaboration agreement and brand use were disclosed to the department and classification lists were approved after verification, mere omission of the brand name from the lists did not justify the extended limitation period under excise law. Demands based on under-valuation and clandestine removals were sustained on the valuation and clearance materials. Penalties on the company and managing director were reduced because the brand-name demand was largely set aside. en-us Fri, 23 Aug 2002 00:00:00 +0530 Mon, 27 Sep 2010 11:27:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51612 Exclusive, authorised use of a foreign collaborator's trade name can support ownership for excise exemption purposes, so duty cannot be denied merely because the assessee is not the original proprietor. Where the collaboration agreement and brand use were disclosed to the department and classification lists were approved after verification, mere omission of the brand name from the lists did not justify the extended limitation period under excise law. Demands based on under-valuation and clandestine removals were sustained on the valuation and clearance materials. Penalties on the company and managing director were reduced because the brand-name demand was largely set aside. Case-Laws Central Excise Fri, 23 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51612