https://www.taxtmi.com/caselaws?id=123870 Full disclosure of the relevant product and facts to the department means a mere incorrect claim to exemption or concessional duty does not amount to suppression or wilful misstatement for invoking the extended limitation period. On that basis, the demand beyond the normal period was held time-barred. The confiscation of plant, machinery, land and building was consequently found unsustainable, and the manager's penalty was also set aside. Any surviving duty was directed to be re-quantified by the original authority, with consequential penalty and interest left open to challenge before that authority. en-us Tue, 11 Sep 2007 00:00:00 +0530 Fri, 21 Sep 2012 14:50:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123870 Full disclosure of the relevant product and facts to the department means a mere incorrect claim to exemption or concessional duty does not amount to suppression or wilful misstatement for invoking the extended limitation period. On that basis, the demand beyond the normal period was held time-barred. The confiscation of plant, machinery, land and building was consequently found unsustainable, and the manager's penalty was also set aside. Any surviving duty was directed to be re-quantified by the original authority, with consequential penalty and interest left open to challenge before that authority. Case-Laws Central Excise Tue, 11 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123870