https://www.taxtmi.com/caselaws?id=119446 Notification No. 67/95-C.E. was held inapplicable to the portion of fuel used to generate electricity that was diverted to a residential colony, because the exemption covered inputs used within the factory in or in relation to manufacture. Nondisclosure of the diversion amounted to suppression of material facts, so invocation of the extended period of limitation was sustained. On penalty, the adjudicating authority was treated as having discretion to impose a lesser amount where the statute prescribes only a maximum, and the penalty was maintained only to the reduced extent. en-us Fri, 24 Feb 2006 00:00:00 +0530 Wed, 11 Jul 2012 11:45:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119446 Notification No. 67/95-C.E. was held inapplicable to the portion of fuel used to generate electricity that was diverted to a residential colony, because the exemption covered inputs used within the factory in or in relation to manufacture. Nondisclosure of the diversion amounted to suppression of material facts, so invocation of the extended period of limitation was sustained. On penalty, the adjudicating authority was treated as having discretion to impose a lesser amount where the statute prescribes only a maximum, and the penalty was maintained only to the reduced extent. Case-Laws Central Excise Fri, 24 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119446