https://www.taxtmi.com/caselaws?id=204867 The Tribunal upheld the duty demand, interest, and penalties, citing suppression of information, non-payment of duty, and statutory provisions mandating penalties without leniency for delayed disclosures. The demand was deemed legal and proper, not time-barred, as the show cause notice was issued within the statutory five-year limit despite being delayed. The appellants' belated disclosure of crossing the exemption limit and non-payment of duty led to the imposition of penalties and interest, with the Tribunal emphasizing strict application of the law despite their eventual disclosure. en-us Mon, 06 Dec 2010 00:00:00 +0530 Fri, 27 May 2011 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204867 The Tribunal upheld the duty demand, interest, and penalties, citing suppression of information, non-payment of duty, and statutory provisions mandating penalties without leniency for delayed disclosures. The demand was deemed legal and proper, not time-barred, as the show cause notice was issued within the statutory five-year limit despite being delayed. The appellants' belated disclosure of crossing the exemption limit and non-payment of duty led to the imposition of penalties and interest, with the Tribunal emphasizing strict application of the law despite their eventual disclosure. Case-Laws Central Excise Mon, 06 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204867