https://www.taxtmi.com/caselaws?id=103688 The Tribunal upheld the Commissioner's decision in a case involving time-barred demands, suppression of facts, and entitlement to Modvat credit. The Commissioner found no evidence of deliberate suppression to evade duty, leading to the demands being time-barred. The Tribunal agreed, emphasizing the lack of intent to evade duty and the legitimate belief of the assessee. The Revenue's appeal was rejected as they failed to prove malafide intent, and the Tribunal affirmed the time-barred nature of the demand, supporting the Commissioner's findings. en-us Fri, 05 Oct 2001 00:00:00 +0530 Fri, 24 Feb 2012 13:06:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103688 The Tribunal upheld the Commissioner's decision in a case involving time-barred demands, suppression of facts, and entitlement to Modvat credit. The Commissioner found no evidence of deliberate suppression to evade duty, leading to the demands being time-barred. The Tribunal agreed, emphasizing the lack of intent to evade duty and the legitimate belief of the assessee. The Revenue's appeal was rejected as they failed to prove malafide intent, and the Tribunal affirmed the time-barred nature of the demand, supporting the Commissioner's findings. Case-Laws Central Excise Fri, 05 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103688