https://www.taxtmi.com/caselaws?id=51888 The Tribunal held that the process of lamination/varnishing by M/s. Nu Tech Packaging amounts to manufacture, classifying the product under Heading 48.11 of the Central Excise Tariff. It upheld the inclusion of packing and art charges in the assessable value, invoked the extended limitation period, and imposed a reduced penalty on M/s. NTP. The Tribunal dismissed penalties on individual directors and managers, concluding that Rule 57-I(4) and (5) could not be invoked for further penalties. en-us Wed, 18 Jun 2003 00:00:00 +0530 Wed, 29 Sep 2010 10:44:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51888 The Tribunal held that the process of lamination/varnishing by M/s. Nu Tech Packaging amounts to manufacture, classifying the product under Heading 48.11 of the Central Excise Tariff. It upheld the inclusion of packing and art charges in the assessable value, invoked the extended limitation period, and imposed a reduced penalty on M/s. NTP. The Tribunal dismissed penalties on individual directors and managers, concluding that Rule 57-I(4) and (5) could not be invoked for further penalties. Case-Laws Central Excise Wed, 18 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51888