https://www.taxtmi.com/caselaws?id=207216 Extended limitation could not be invoked where the assessee had disclosed the emergence and use of DMT-residue to the department, sought licensing guidance, and the department knew the manner of utilisation; absence of suppression, fraud, misstatement or wilful contravention made the earlier demand time-barred. For the later period, DMT-residue used within the factory as fuel to generate steam for manufacture fell within captive-consumption exemption under Notification No. 217/86-C.E. and Notification No. 67/95-C.E., with the demand also treated as revenue neutral because duty paid on residue could have been available as credit. As the demand failed, no penalty survived. en-us Thu, 27 Jan 2011 00:00:00 +0530 Wed, 30 Nov 2011 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207216 Extended limitation could not be invoked where the assessee had disclosed the emergence and use of DMT-residue to the department, sought licensing guidance, and the department knew the manner of utilisation; absence of suppression, fraud, misstatement or wilful contravention made the earlier demand time-barred. For the later period, DMT-residue used within the factory as fuel to generate steam for manufacture fell within captive-consumption exemption under Notification No. 217/86-C.E. and Notification No. 67/95-C.E., with the demand also treated as revenue neutral because duty paid on residue could have been available as credit. As the demand failed, no penalty survived. Case-Laws Central Excise Thu, 27 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207216