https://www.taxtmi.com/caselaws?id=120461 Modvat credit was denied where, after remand, the assessee failed to produce the records needed to verify movement of inputs to job workers and return of processed components, so the directed verification could not be completed. The excise demand was also treated as time-barred because the show cause notice was issued long after departmental knowledge of the facts, making the notice inordinate and the demand unsustainable on limitation. The main demand and penalty were set aside, while only the uncontested small amounts were sustained. en-us Fri, 10 Nov 2006 00:00:00 +0530 Tue, 19 May 2020 13:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120461 Modvat credit was denied where, after remand, the assessee failed to produce the records needed to verify movement of inputs to job workers and return of processed components, so the directed verification could not be completed. The excise demand was also treated as time-barred because the show cause notice was issued long after departmental knowledge of the facts, making the notice inordinate and the demand unsustainable on limitation. The main demand and penalty were set aside, while only the uncontested small amounts were sustained. Case-Laws Central Excise Fri, 10 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120461