https://www.taxtmi.com/caselaws?id=112308 Aluminium circles captively consumed in the manufacture of aluminium utensils were treated as excisable goods, so the duty demand was sustained and interest under Section 11AB followed for the period of default. Non-obtaining of a central excise licence, failure to maintain statutory records, and nondisclosure of manufacture justified invocation of the extended period on the basis of suppression of facts. The equal penalty was found excessive on the facts and was reduced to a fixed amount, while the demand, interest, and extended period were otherwise maintained. en-us Wed, 09 Jun 2004 00:00:00 +0530 Fri, 27 Apr 2012 15:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112308 Aluminium circles captively consumed in the manufacture of aluminium utensils were treated as excisable goods, so the duty demand was sustained and interest under Section 11AB followed for the period of default. Non-obtaining of a central excise licence, failure to maintain statutory records, and nondisclosure of manufacture justified invocation of the extended period on the basis of suppression of facts. The equal penalty was found excessive on the facts and was reduced to a fixed amount, while the demand, interest, and extended period were otherwise maintained. Case-Laws Central Excise Wed, 09 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112308