https://www.taxtmi.com/caselaws?id=90643 Free supply of M.C.I. inserts by the Railways was a material valuation fact under Section 4 of the Central Excises and Salt Act, 1944, and the assessee was required to disclose it even though it was an SSI unit and the price-list procedure under Rule 173C(11) had been relaxed. Non-disclosure of that fact was treated as suppression with intent to evade duty, justifying invocation of the extended limitation period under Section 11A(1). On that basis, the demand was treated as within time and not barred by limitation, and the suppression finding and penalty were sustained. en-us Mon, 01 Jun 1998 00:00:00 +0530 Mon, 10 Oct 2011 15:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90643 Free supply of M.C.I. inserts by the Railways was a material valuation fact under Section 4 of the Central Excises and Salt Act, 1944, and the assessee was required to disclose it even though it was an SSI unit and the price-list procedure under Rule 173C(11) had been relaxed. Non-disclosure of that fact was treated as suppression with intent to evade duty, justifying invocation of the extended limitation period under Section 11A(1). On that basis, the demand was treated as within time and not barred by limitation, and the suppression finding and penalty were sustained. Case-Laws Central Excise Mon, 01 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90643