https://www.taxtmi.com/caselaws?id=1668 The Tribunal upheld that 'CRC 2-26' is a blended lubricating oil entitled to exemption under Notification No. 120/84 due to its composition and primary function. The respondent was found entitled to SSI exemption for 'CRC Acryform' under Notification No. 175/86 as there was no evidence of any connection with CRC Chemicals Europe. No willful misstatement was proven, making the demand time-barred under Section 11A(1). The penalty imposition was deemed unwarranted, and the respondent was not considered a related person to BBL. The appeals were dismissed, affirming the respondent's entitlement to exemptions and lack of willful suppression. en-us Mon, 10 Sep 2007 00:00:00 +0530 Sun, 08 May 2011 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1668 The Tribunal upheld that 'CRC 2-26' is a blended lubricating oil entitled to exemption under Notification No. 120/84 due to its composition and primary function. The respondent was found entitled to SSI exemption for 'CRC Acryform' under Notification No. 175/86 as there was no evidence of any connection with CRC Chemicals Europe. No willful misstatement was proven, making the demand time-barred under Section 11A(1). The penalty imposition was deemed unwarranted, and the respondent was not considered a related person to BBL. The appeals were dismissed, affirming the respondent's entitlement to exemptions and lack of willful suppression. Case-Laws Central Excise Mon, 10 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1668