https://www.taxtmi.com/caselaws?id=73613 Goods listed in the First Schedule to the Central Excises and Salt Act, 1944 remained excisable even when exempted from duty, so Tariff Item 68 clearances had to be counted in the aggregate value for Notification No. 80/80-C.E.; on that basis, exemption was unavailable where the prescribed threshold was exceeded. The majority also treated non-disclosure of the value of clearances in the exemption declaration as suppression of material facts, justifying the extended limitation period under Section 11-A and sustaining the penalty. A separate opinion accepted exemption eligibility but disagreed on limitation, holding that the extended period was unavailable absent intent to evade duty. en-us Thu, 07 Apr 1988 00:00:00 +0530 Thu, 02 Jun 2011 13:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73613 Goods listed in the First Schedule to the Central Excises and Salt Act, 1944 remained excisable even when exempted from duty, so Tariff Item 68 clearances had to be counted in the aggregate value for Notification No. 80/80-C.E.; on that basis, exemption was unavailable where the prescribed threshold was exceeded. The majority also treated non-disclosure of the value of clearances in the exemption declaration as suppression of material facts, justifying the extended limitation period under Section 11-A and sustaining the penalty. A separate opinion accepted exemption eligibility but disagreed on limitation, holding that the extended period was unavailable absent intent to evade duty. Case-Laws Central Excise Thu, 07 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73613