https://www.taxtmi.com/caselaws?id=210017 The Tribunal upheld the Department's demand for a higher duty rate of 24% instead of the paid 12% on yarn used in manufacturing fabrics cleared to the local market. The appellants failed to satisfy Condition No. 5 for claiming the concessional rate of duty, leading to the differential duty demand being upheld. The extended period of limitation was deemed applicable due to non-disclosure of relevant facts, justifying the demand for full duty payment. The Tribunal rejected the appeal and emphasized compliance with duty payment conditions for availing concessional rates. en-us Wed, 11 May 2011 00:00:00 +0530 Fri, 05 Jul 2013 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210017 The Tribunal upheld the Department's demand for a higher duty rate of 24% instead of the paid 12% on yarn used in manufacturing fabrics cleared to the local market. The appellants failed to satisfy Condition No. 5 for claiming the concessional rate of duty, leading to the differential duty demand being upheld. The extended period of limitation was deemed applicable due to non-disclosure of relevant facts, justifying the demand for full duty payment. The Tribunal rejected the appeal and emphasized compliance with duty payment conditions for availing concessional rates. Case-Laws Central Excise Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210017