https://www.taxtmi.com/caselaws?id=109995 Disclosure of invoices for capital goods along with RT-12 returns, coupled with defacement by the Range Officer, negated any allegation of suppression of facts for denial of Modvat credit. On those facts, the Department was already aware of the financing arrangements and could not invoke the extended period of limitation absent proof of fraud, wilful misstatement, or suppression. The demand was therefore treated as time-barred, and the extended limitation period was held inapplicable. The order was set aside on limitation, and the appeal succeeded without examination of the merits. en-us Fri, 05 Sep 2003 00:00:00 +0530 Fri, 13 Apr 2012 13:08:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109995 Disclosure of invoices for capital goods along with RT-12 returns, coupled with defacement by the Range Officer, negated any allegation of suppression of facts for denial of Modvat credit. On those facts, the Department was already aware of the financing arrangements and could not invoke the extended period of limitation absent proof of fraud, wilful misstatement, or suppression. The demand was therefore treated as time-barred, and the extended limitation period was held inapplicable. The order was set aside on limitation, and the appeal succeeded without examination of the merits. Case-Laws Central Excise Fri, 05 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109995