https://www.taxtmi.com/caselaws?id=331823 Exemption under Notification No. 67/95 was held inapplicable to indigenously manufactured molasses used to produce rectified spirit because the condition that the final product be dutiable was not satisfied, even though part of the spirit was later denatured and cleared on duty. However, the demand failed on limitation because the classification list, RT-12 returns, covering letter and related records showed disclosure of the manufacturing activity and the exemption claim, with no suppression, misstatement, collusion or intent to evade duty. The extended period was therefore unsustainable, and consequential relief followed. en-us Wed, 13 Jul 2016 00:00:00 +0530 Thu, 05 Jan 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331823 Exemption under Notification No. 67/95 was held inapplicable to indigenously manufactured molasses used to produce rectified spirit because the condition that the final product be dutiable was not satisfied, even though part of the spirit was later denatured and cleared on duty. However, the demand failed on limitation because the classification list, RT-12 returns, covering letter and related records showed disclosure of the manufacturing activity and the exemption claim, with no suppression, misstatement, collusion or intent to evade duty. The extended period was therefore unsustainable, and consequential relief followed. Case-Laws Central Excise Wed, 13 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331823