Aurangabad Electricals Ltd vs Commissioner Of Central Excise & ...

The Supreme Court addressed the valuation of Magneto Assemblies under the Central Excise Act, 1944, specifically citing Section 11A regarding the demand for differential duty and Sections 11AB and 11AC concerning interest and penalties. The Court held that the appellants, M/s. Aurangabad Electricals Ltd., had undervalued their products, leading to a short payment of duty, and upheld the Commissioner’s order for recovery of the differential duty. The Court emphasized that the show cause notice was not barred by limitation as claimed by the appellants.