https://www.taxtmi.com/caselaws?id=87586 Unaccounted excisable scrap and finished goods can attract duty demand, confiscation and extended limitation where the assessee suppresses scrap generation and clearance and offers no supporting circular or trade notice for a bona fide belief. The duty demand on iron and steel scrap was upheld because wilful suppression brought the case within the extended period under the proviso to section 11A. By contrast, the demand on aluminium scrap was set aside because the exemption claim under Notification No. 217/86-C.E. had not been examined on merits and required reconsideration. Confiscation of the unaccounted aluminium castings was sustained, while the penalty was reduced in line with the partial relief. en-us Tue, 21 Oct 1997 00:00:00 +0530 Thu, 08 Sep 2011 10:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87586 Unaccounted excisable scrap and finished goods can attract duty demand, confiscation and extended limitation where the assessee suppresses scrap generation and clearance and offers no supporting circular or trade notice for a bona fide belief. The duty demand on iron and steel scrap was upheld because wilful suppression brought the case within the extended period under the proviso to section 11A. By contrast, the demand on aluminium scrap was set aside because the exemption claim under Notification No. 217/86-C.E. had not been examined on merits and required reconsideration. Confiscation of the unaccounted aluminium castings was sustained, while the penalty was reduced in line with the partial relief. Case-Laws Central Excise Tue, 21 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87586