https://www.taxtmi.com/caselaws?id=238689 Notification No. 67/95-CE was unavailable for molasses captively consumed in manufacturing rectified spirit cleared at nil rate of duty, because the exemption applied only where the final product was dutiable; a later arrangement of paying an amount equivalent to 8% of the final product value did not cure the defect for the earlier period. However, the demand was time-barred since the clearances and exemption claim were disclosed in RT-12 returns, suppression or intent to evade duty was not established, and the dispute was revenue-neutral. On that basis, the extended period could not be invoked, and the demand, interest and penalties were set aside. en-us Thu, 08 Aug 2013 00:00:00 +0530 Tue, 29 Oct 2013 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238689 Notification No. 67/95-CE was unavailable for molasses captively consumed in manufacturing rectified spirit cleared at nil rate of duty, because the exemption applied only where the final product was dutiable; a later arrangement of paying an amount equivalent to 8% of the final product value did not cure the defect for the earlier period. However, the demand was time-barred since the clearances and exemption claim were disclosed in RT-12 returns, suppression or intent to evade duty was not established, and the dispute was revenue-neutral. On that basis, the extended period could not be invoked, and the demand, interest and penalties were set aside. Case-Laws Central Excise Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238689