https://www.taxtmi.com/caselaws?id=98978 Manipulated statutory records showing false receipt and consumption of raw material defeated the claim to concessional duty under Notification No. 138/86-C.E.; the exemption was unavailable and the duty demand was confirmed. The same suppression and misstatement justified invocation of the extended period of limitation, so the demand was not time-barred. Penalties on the company and responsible officials were sustained, though reduced in quantum, but confiscation of land, building, plant and machinery and the related redemption fine were set aside as excessive and harsh. en-us Fri, 12 May 2000 00:00:00 +0530 Tue, 24 Jan 2012 17:23:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98978 Manipulated statutory records showing false receipt and consumption of raw material defeated the claim to concessional duty under Notification No. 138/86-C.E.; the exemption was unavailable and the duty demand was confirmed. The same suppression and misstatement justified invocation of the extended period of limitation, so the demand was not time-barred. Penalties on the company and responsible officials were sustained, though reduced in quantum, but confiscation of land, building, plant and machinery and the related redemption fine were set aside as excessive and harsh. Case-Laws Central Excise Fri, 12 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98978