https://www.taxtmi.com/caselaws?id=92024 False declaration in the classification list and non-disclosure of the true captive use of inputs justified invocation of the extended period on the basis of suppression and misdeclaration. Captively consumed benzyl cyanide was treated as marketable, as the record showed only minor physical differences and no technical evidence of non-marketability, so it remained dutiable. The duty demand was, however, remitted for limited re-computation on packing cost, reversal of Modvat credit and any quantity used in duty-free by-products. Penalty was upheld because the finding of deliberate suppression remained intact. en-us Wed, 15 Apr 1998 00:00:00 +0530 Mon, 24 Oct 2011 10:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92024 False declaration in the classification list and non-disclosure of the true captive use of inputs justified invocation of the extended period on the basis of suppression and misdeclaration. Captively consumed benzyl cyanide was treated as marketable, as the record showed only minor physical differences and no technical evidence of non-marketability, so it remained dutiable. The duty demand was, however, remitted for limited re-computation on packing cost, reversal of Modvat credit and any quantity used in duty-free by-products. Penalty was upheld because the finding of deliberate suppression remained intact. Case-Laws Central Excise Wed, 15 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92024