https://www.taxtmi.com/caselaws?id=92645 Extended limitation under excise law could not be invoked because the show cause notices did not allege suppression of facts or wilful misstatement; the demand was therefore time-barred. Transit loss of clinker occurring during movement in open railway wagons, where goods were exposed to leakage, pilferage and normal handling loss, was treated as allowable in full. A fixed 2% cap on shortage was held arbitrary where the loss was accounted for and not shown to be fictitious or manipulated. The demand was set aside and consequential relief followed. en-us Fri, 16 Jul 1999 00:00:00 +0530 Fri, 04 Nov 2011 11:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92645 Extended limitation under excise law could not be invoked because the show cause notices did not allege suppression of facts or wilful misstatement; the demand was therefore time-barred. Transit loss of clinker occurring during movement in open railway wagons, where goods were exposed to leakage, pilferage and normal handling loss, was treated as allowable in full. A fixed 2% cap on shortage was held arbitrary where the loss was accounted for and not shown to be fictitious or manipulated. The demand was set aside and consequential relief followed. Case-Laws Central Excise Fri, 16 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92645