https://www.taxtmi.com/caselaws?id=98334 Classification disputes between flats, bars and strips do not by themselves defeat exemption under Notification No. 202/88-C.E. where supplier records show duty paid at the rate applicable to flats and support a bona fide belief in eligibility. Such circumstances do not establish suppression or misstatement intended to evade duty, so the extended limitation period is unavailable. Duty on galvanised pipes is unsustainable where the pipes were separately purchased as bought-out goods and the purchase records were reflected in the show cause notice. Modvat credit and revenue neutrality were raised but were not the determinative basis. The demand and penalty were treated as unsustainable, with consequential relief. en-us Thu, 17 Aug 2000 00:00:00 +0530 Fri, 20 Jan 2012 11:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98334 Classification disputes between flats, bars and strips do not by themselves defeat exemption under Notification No. 202/88-C.E. where supplier records show duty paid at the rate applicable to flats and support a bona fide belief in eligibility. Such circumstances do not establish suppression or misstatement intended to evade duty, so the extended limitation period is unavailable. Duty on galvanised pipes is unsustainable where the pipes were separately purchased as bought-out goods and the purchase records were reflected in the show cause notice. Modvat credit and revenue neutrality were raised but were not the determinative basis. The demand and penalty were treated as unsustainable, with consequential relief. Case-Laws Central Excise Thu, 17 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98334