https://www.taxtmi.com/caselaws?id=124145 Goods described as polyester waste were treated as polyester staple fibre where documentary, testimonial and circumstantial evidence showed procurement and receipt of high-grade fibre under the guise of waste, with no proof of the alleged processing. On that basis, the duty demand, interest and equal penalty were sustained, and the extended limitation period was held invocable because the record indicated suppression and misstatement. Confiscation of plant, machinery, land and building was not sustained, while the personal penalties on officers were upheld but reduced in quantum. en-us Fri, 08 Aug 2008 00:00:00 +0530 Wed, 26 Sep 2012 10:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124145 Goods described as polyester waste were treated as polyester staple fibre where documentary, testimonial and circumstantial evidence showed procurement and receipt of high-grade fibre under the guise of waste, with no proof of the alleged processing. On that basis, the duty demand, interest and equal penalty were sustained, and the extended limitation period was held invocable because the record indicated suppression and misstatement. Confiscation of plant, machinery, land and building was not sustained, while the personal penalties on officers were upheld but reduced in quantum. Case-Laws Central Excise Fri, 08 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124145