https://www.taxtmi.com/caselaws?id=53961 Furniture qualifies as handicrafts only when it bears substantial artistic ornamentation and real visual appeal; goods made to customer specifications and later fixed in place remained movable and marketable, so they were correctly treated as excisable furniture. Suppression was not rebutted, justifying the extended period of limitation and sustaining penalties on the assessee under Section 11AC and Rule 173Q. Penalty on the Managing Director under Rule 209A was set aside because the required finding of possession or physical dealing with liable goods was absent. Sale price was correctly treated as cum-duty price, and Section 11AC could not apply retrospectively to any period before 28-9-1996. en-us Thu, 03 Mar 2005 00:00:00 +0530 Sat, 16 Oct 2010 11:30:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53961 Furniture qualifies as handicrafts only when it bears substantial artistic ornamentation and real visual appeal; goods made to customer specifications and later fixed in place remained movable and marketable, so they were correctly treated as excisable furniture. Suppression was not rebutted, justifying the extended period of limitation and sustaining penalties on the assessee under Section 11AC and Rule 173Q. Penalty on the Managing Director under Rule 209A was set aside because the required finding of possession or physical dealing with liable goods was absent. Sale price was correctly treated as cum-duty price, and Section 11AC could not apply retrospectively to any period before 28-9-1996. Case-Laws Central Excise Thu, 03 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53961