https://www.taxtmi.com/caselaws?id=93304 Misdeclaration of yarn composition to obtain exemption under Notification No. 224/79-C.E. was established where the records showed 70% wool and 15% nylon, but the actual supply was worsted yarn containing 70% wool and 30% nylon; the cited factory records and gate passes were treated as fictitious and the notification benefit was wrongly availed. Concealment of the true manufacture and supply pattern, supported by incorrect statutory records and false entries, amounted to suppression of material facts and fraud, so the extended limitation period was available despite the normal time bar. The demand and penalty were sustained on that basis. en-us Thu, 16 Mar 2000 00:00:00 +0530 Wed, 09 Nov 2011 17:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93304 Misdeclaration of yarn composition to obtain exemption under Notification No. 224/79-C.E. was established where the records showed 70% wool and 15% nylon, but the actual supply was worsted yarn containing 70% wool and 30% nylon; the cited factory records and gate passes were treated as fictitious and the notification benefit was wrongly availed. Concealment of the true manufacture and supply pattern, supported by incorrect statutory records and false entries, amounted to suppression of material facts and fraud, so the extended limitation period was available despite the normal time bar. The demand and penalty were sustained on that basis. Case-Laws Central Excise Thu, 16 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93304