https://www.taxtmi.com/caselaws?id=347740 Denial of cross-examination of witnesses whose statements were relied upon was treated as a breach of natural justice, making the evidentiary basis for the demand unsafe. The demand was also held time-barred because departmental intimation showed knowledge of the goods, while fraud or suppression was not proved to justify the extended limitation period. On the facts, Modvat credit on cranes and handling equipment was found admissible since the cranes were installed in the factory, supporting invoices were available, and the alleged paper transaction theory was not established. The credit disallowance and penalties therefore did not survive. en-us Fri, 04 Aug 2017 00:00:00 +0530 Mon, 11 Sep 2017 08:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347740 Denial of cross-examination of witnesses whose statements were relied upon was treated as a breach of natural justice, making the evidentiary basis for the demand unsafe. The demand was also held time-barred because departmental intimation showed knowledge of the goods, while fraud or suppression was not proved to justify the extended limitation period. On the facts, Modvat credit on cranes and handling equipment was found admissible since the cranes were installed in the factory, supporting invoices were available, and the alleged paper transaction theory was not established. The credit disallowance and penalties therefore did not survive. Case-Laws Central Excise Fri, 04 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347740