COMMISSIONER OF CENTAL EXCISE, DELHI vs M/S. ALLIED AIR CONDITIONING CORPORATION

The Supreme Court addressed appeals against a CEGAT judgment regarding the valuation of packaged air conditioners under the Central Excise Tariff Act, 1985 and the applicability of the extended limitation period under Section 11(A) of the Central Excise Act, 1944. The Court held that the valuation must include all components necessary for assembly, and the extended period of limitation was rightly invoked due to mis-declaration by the respondent. The Court upheld the duty demand and penalties imposed by the Commissioner, affirming the CEGAT's remand for fresh consideration on valuation and limitation issues.