https://www.taxtmi.com/caselaws?id=90344 Waste arising in the manufacture of man-made fibres was treated as a recognised commercial product, and the evidence did not conclusively show that staple fibre had been cleared in the guise of waste; the demand on that basis failed. The record also showed that the Department had approved classification lists and supervised clearances, so suppression or mis-declaration was not established. On that footing, the extended period of limitation was unavailable and penalty could not be sustained. The demand and penalty were therefore set aside with consequential relief. en-us Thu, 12 Dec 1996 00:00:00 +0530 Wed, 05 Oct 2011 17:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90344 Waste arising in the manufacture of man-made fibres was treated as a recognised commercial product, and the evidence did not conclusively show that staple fibre had been cleared in the guise of waste; the demand on that basis failed. The record also showed that the Department had approved classification lists and supervised clearances, so suppression or mis-declaration was not established. On that footing, the extended period of limitation was unavailable and penalty could not be sustained. The demand and penalty were therefore set aside with consequential relief. Case-Laws Central Excise Thu, 12 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90344