Supreme Court Rules on Furniture Valuation: Raw Materials, Job Charges, and Handicraft Status; Delayed Notice Time-Barred.

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....Valuation - manufacture of items of furniture on job work basis - inclusion of cost of raw materials, job-charges paid to M/s. SJA, plus drawings and design charges for the furniture items - handicraft items or not - . Issuance of show cause notice after a long gap, would clearly be time barred - SC....