https://www.taxtmi.com/caselaws?id=105974 Resin-coated sand was treated as a manufactured and excisable product because the coating process produced a distinct, marketable shell sand with sufficient shelf-life and captive use in sand cores. The demand for the period beyond six months was held time-barred, as the Department had prior knowledge of the process and there was no wilful suppression to justify the extended limitation period. Modvat credit on duty paid on resin used in producing shell sand was held allowable, and denial for want of declaration was unsustainable. The assessable value was found defective because the valuation method did not properly account for input duty and Modvat consequences, requiring fresh consideration. en-us Tue, 28 Sep 1999 00:00:00 +0530 Mon, 12 Mar 2012 11:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105974 Resin-coated sand was treated as a manufactured and excisable product because the coating process produced a distinct, marketable shell sand with sufficient shelf-life and captive use in sand cores. The demand for the period beyond six months was held time-barred, as the Department had prior knowledge of the process and there was no wilful suppression to justify the extended limitation period. Modvat credit on duty paid on resin used in producing shell sand was held allowable, and denial for want of declaration was unsustainable. The assessable value was found defective because the valuation method did not properly account for input duty and Modvat consequences, requiring fresh consideration. Case-Laws Central Excise Tue, 28 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105974