https://www.taxtmi.com/caselaws?id=107753 An intermediate fabric stage in the manufacture of dryer felts was treated as a real and identifiable product, and the exemption notification remained available for the relevant period until the later Board clarification; duty was therefore not payable for that period. Repeated disclosure of the manufacturing activity and departmental correspondence showed that the department knew the material facts, so there was no suppression or misstatement and the extended period of limitation could not be invoked. With the duty demand failing on merits and limitation, the connected penalties were also unsustainable. en-us Fri, 18 Jul 2003 00:00:00 +0530 Mon, 26 Mar 2012 13:38:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107753 An intermediate fabric stage in the manufacture of dryer felts was treated as a real and identifiable product, and the exemption notification remained available for the relevant period until the later Board clarification; duty was therefore not payable for that period. Repeated disclosure of the manufacturing activity and departmental correspondence showed that the department knew the material facts, so there was no suppression or misstatement and the extended period of limitation could not be invoked. With the duty demand failing on merits and limitation, the connected penalties were also unsustainable. Case-Laws Central Excise Fri, 18 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107753