https://www.taxtmi.com/caselaws?id=51910 The Appellate Tribunal CEGAT, Kolkata resolved a case concerning the assessable value of compressed oxygen manufactured from liquid oxygen purchased, sales tax collection and payment, deduction of unpaid sales tax, time bar for demand, and personal penalty imposition. The tribunal ruled that the sales tax collected but not paid should be added to the assessable value of the compressed oxygen. The demand was upheld despite the time bar challenge, and a reduced personal penalty of Rs. 50,000 was imposed on the appellants under Section 11AC. en-us Fri, 11 Apr 2003 00:00:00 +0530 Wed, 29 Sep 2010 11:54:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51910 The Appellate Tribunal CEGAT, Kolkata resolved a case concerning the assessable value of compressed oxygen manufactured from liquid oxygen purchased, sales tax collection and payment, deduction of unpaid sales tax, time bar for demand, and personal penalty imposition. The tribunal ruled that the sales tax collected but not paid should be added to the assessable value of the compressed oxygen. The demand was upheld despite the time bar challenge, and a reduced personal penalty of Rs. 50,000 was imposed on the appellants under Section 11AC. Case-Laws Central Excise Fri, 11 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51910