https://www.taxtmi.com/caselaws?id=182527 The Tribunal dismissed the appeal of M/s. Sweet Industries (India) Pvt. Ltd. in a case involving a demand for Central Excise duty and penalty for not following CAS-4 formula in stock transfers. The Tribunal upheld the invocation of the extended period of limitation, rejecting the appellant's argument of revenue-neutrality as insufficient to resist the duty demand. The Tribunal found the appellant's non-compliance with CAS-4 deliberate, leading to suppression of facts to evade duty payment. Consequently, the lower authorities' orders were upheld, applying Section 11AB and Section 11AC of the Central Excise Act. en-us Thu, 04 Feb 2010 00:00:00 +0530 Thu, 12 May 2016 16:29:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182527 The Tribunal dismissed the appeal of M/s. Sweet Industries (India) Pvt. Ltd. in a case involving a demand for Central Excise duty and penalty for not following CAS-4 formula in stock transfers. The Tribunal upheld the invocation of the extended period of limitation, rejecting the appellant's argument of revenue-neutrality as insufficient to resist the duty demand. The Tribunal found the appellant's non-compliance with CAS-4 deliberate, leading to suppression of facts to evade duty payment. Consequently, the lower authorities' orders were upheld, applying Section 11AB and Section 11AC of the Central Excise Act. Case-Laws Central Excise Thu, 04 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182527