https://www.taxtmi.com/caselaws?id=82461 Disclosed subsidiary status and departmental awareness of the holding-company relationship defeated a prima facie allegation of suppression for interim recovery purposes. The Bench noted that the assessee had disclosed the relationship in communications, the department had used that relationship for valuation, and the suppression case based only on the classification list was not persuasive. It also found the shifting approach to limitation, including dropping the demand for part of the period, inconsistent with the later reliance on undisclosed grounds. On those materials, the Bench held that a strong prima facie case was made out and granted unconditional stay of recovery of the disputed duty and penalty. en-us Wed, 30 Sep 1992 00:00:00 +0530 Tue, 05 Jul 2011 12:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82461 Disclosed subsidiary status and departmental awareness of the holding-company relationship defeated a prima facie allegation of suppression for interim recovery purposes. The Bench noted that the assessee had disclosed the relationship in communications, the department had used that relationship for valuation, and the suppression case based only on the classification list was not persuasive. It also found the shifting approach to limitation, including dropping the demand for part of the period, inconsistent with the later reliance on undisclosed grounds. On those materials, the Bench held that a strong prima facie case was made out and granted unconditional stay of recovery of the disputed duty and penalty. Case-Laws Central Excise Wed, 30 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82461