https://www.taxtmi.com/caselaws?id=52943 Amounts recovered from buyers as block and stereo charges, when linked to manufacture and not disclosed in the declared price, form part of the assessable value of plastic bags, sheets and films. Interest was held payable because the statutory interest provision had already come into force. The equal penalty under Section 11AC was found excessive on the facts and was reduced to Rs. 10,000, while the separate penalty under Rule 173Q remained undisturbed, leaving the assessee with only partial relief. en-us Fri, 25 Jun 2004 00:00:00 +0530 Fri, 08 Oct 2010 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52943 Amounts recovered from buyers as block and stereo charges, when linked to manufacture and not disclosed in the declared price, form part of the assessable value of plastic bags, sheets and films. Interest was held payable because the statutory interest provision had already come into force. The equal penalty under Section 11AC was found excessive on the facts and was reduced to Rs. 10,000, while the separate penalty under Rule 173Q remained undisturbed, leaving the assessee with only partial relief. Case-Laws Central Excise Fri, 25 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52943