2013 (12) TMI 985

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..... being excess over the cost of the rubber ring, the excess amount had depressed the assessable value which should be dutiable - Mere information to the department does not erode the culpability nor with the passage of time legalises an illegality – the contravention does not vanish by plea of time bar –thus, penalty was rightly imposed – Decided against assessee. Levy of duty on the excess tran .....

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..... item. When the appellant claimed deduction much more than the cost thereof, Revenue opined that assessable value of goods cleared accompanying bought out item was depressed. Revenue having allowed deduction, appellant tried to abuse the law making claim of deduction of higher value of bought out item to cause loss of Revenue. That resulted in duty demand of Rs. 32,223/-. 2. Learned Counsel says .....

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..... utiable. Therefore, the appeal against duty demand of Rs. 32,223/and penalty to that extent fails. Mere information to the department does not erode the culpability nor with the passage of time legalises an illegality. So also contravention does not vanish by plea of time bar. Accordingly, penalty was rightly imposed for which the adjudication on above count sustains. 7. So far as levy of duty o .....

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