https://www.taxtmi.com/caselaws?id=100400 Captively consumed jute yarn and jute fabrics were held marketable and, therefore, liable to central excise duty during the relevant period. A plea of revenue neutrality based on possible Modvat credit did not defeat the duty demand, and Notification No. 121/94-C.E. was not treated as retrospective or clarificatory for the earlier period. Jute cess was not leviable on the intermediate goods when consumed in-house. In cases where notices were issued beyond six months, awareness of duty liability, deficient records and non-payment justified invocation of the extended limitation period. Penalties under Section 11AC and interest under Section 11AB were not sustainable for the relevant period, though penalty under Rule 173Q could survive where separately imposed. en-us Tue, 28 Aug 2001 00:00:00 +0530 Wed, 01 Feb 2012 13:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100400 Captively consumed jute yarn and jute fabrics were held marketable and, therefore, liable to central excise duty during the relevant period. A plea of revenue neutrality based on possible Modvat credit did not defeat the duty demand, and Notification No. 121/94-C.E. was not treated as retrospective or clarificatory for the earlier period. Jute cess was not leviable on the intermediate goods when consumed in-house. In cases where notices were issued beyond six months, awareness of duty liability, deficient records and non-payment justified invocation of the extended limitation period. Penalties under Section 11AC and interest under Section 11AB were not sustainable for the relevant period, though penalty under Rule 173Q could survive where separately imposed. Case-Laws Central Excise Tue, 28 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100400