https://www.taxtmi.com/caselaws?id=249885 Seized documents, admissions and transport vouchers were treated as sufficient evidence of clandestine receipt of LAB in fictitious names, manufacture of acid slurry and unaccounted clearance, so the factual finding was not held perverse. On those established facts of suppression and clandestine activity, the extended period of limitation was validly invoked. However, Modvat credit could not be denied merely because the transactions were suppressed, where the inputs were found to have been actually used in manufacturing dutiable final products and no specific rule barred the credit. The appeal was therefore only partly allowed. en-us Wed, 09 Apr 2014 00:00:00 +0530 Wed, 26 Nov 2014 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249885 Seized documents, admissions and transport vouchers were treated as sufficient evidence of clandestine receipt of LAB in fictitious names, manufacture of acid slurry and unaccounted clearance, so the factual finding was not held perverse. On those established facts of suppression and clandestine activity, the extended period of limitation was validly invoked. However, Modvat credit could not be denied merely because the transactions were suppressed, where the inputs were found to have been actually used in manufacturing dutiable final products and no specific rule barred the credit. The appeal was therefore only partly allowed. Case-Laws Central Excise Wed, 09 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249885