https://www.taxtmi.com/caselaws?id=54181 The Tribunal upheld the duty liability on the clearance of waste and scrap of paper and paper boards without payment during a specific period. The appellants were found liable to pay duty amounting to Rs. 1,09,728/- and a penalty of Rs. 5,000. However, the penalty was set aside, and the duty demand was remanded for re-quantification by the original authority. The Tribunal directed the authority to allow the assessee to avail input-duty credit and deduct duty from the sale price of goods to determine the assessable value, emphasizing adherence to specified procedures. en-us Fri, 12 Aug 2005 00:00:00 +0530 Mon, 18 Oct 2010 13:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54181 The Tribunal upheld the duty liability on the clearance of waste and scrap of paper and paper boards without payment during a specific period. The appellants were found liable to pay duty amounting to Rs. 1,09,728/- and a penalty of Rs. 5,000. However, the penalty was set aside, and the duty demand was remanded for re-quantification by the original authority. The Tribunal directed the authority to allow the assessee to avail input-duty credit and deduct duty from the sale price of goods to determine the assessable value, emphasizing adherence to specified procedures. Case-Laws Central Excise Fri, 12 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54181