https://www.taxtmi.com/caselaws?id=119847 Corroborated statements recorded during investigation can sustain a finding of clandestine removal and keep the extended limitation period available even where some documents were earlier known to the department. The processor's penalty was maintained, the chairman-cum-managing director's penalty was reduced, and confiscation of land, building and major plant assets was held disproportionate and set aside. Interest under Section 11AB of the Central Excise Act, 1944 could not be levied for clearances made before its introduction, so the revenue claim for interest failed. en-us Wed, 26 Jul 2006 00:00:00 +0530 Fri, 13 Jul 2012 15:35:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119847 Corroborated statements recorded during investigation can sustain a finding of clandestine removal and keep the extended limitation period available even where some documents were earlier known to the department. The processor's penalty was maintained, the chairman-cum-managing director's penalty was reduced, and confiscation of land, building and major plant assets was held disproportionate and set aside. Interest under Section 11AB of the Central Excise Act, 1944 could not be levied for clearances made before its introduction, so the revenue claim for interest failed. Case-Laws Central Excise Wed, 26 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119847