https://www.taxtmi.com/caselaws?id=209139 The Tribunal upheld the denial of credit and imposition of penalties under Section 11AC of the Central Excise Act against the Appellants. The Appellants' argument that the demand was time-barred due to lack of suppression allegations was rejected based on a High Court decision allowing the issuance of Show Cause Notices within five years from the date of knowledge in cases of suppression, emphasizing that departmental knowledge does not affect the limitation period. The appeal was dismissed in favor of the Revenue, citing legal interpretation from the High Court decision referenced. en-us Fri, 04 Feb 2011 00:00:00 +0530 Mon, 29 Jul 2013 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209139 The Tribunal upheld the denial of credit and imposition of penalties under Section 11AC of the Central Excise Act against the Appellants. The Appellants' argument that the demand was time-barred due to lack of suppression allegations was rejected based on a High Court decision allowing the issuance of Show Cause Notices within five years from the date of knowledge in cases of suppression, emphasizing that departmental knowledge does not affect the limitation period. The appeal was dismissed in favor of the Revenue, citing legal interpretation from the High Court decision referenced. Case-Laws Central Excise Fri, 04 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209139