https://www.taxtmi.com/caselaws?id=350354 Undervaluation of goods cleared to the assessee's own unit, detected from its records only on audit, was treated as suppression when the default was not voluntarily disclosed to the department. Payment of short duty and interest after audit did not cure the original omission, and repeated undervaluation supported an inference of wilful suppression and intent to evade duty. On that basis, invocation of the extended limitation period and penalty under Central Excise law was upheld, and the challenge to the duty-related penalty failed. en-us Fri, 22 Sep 2017 00:00:00 +0530 Sat, 04 Nov 2017 08:35:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350354 Undervaluation of goods cleared to the assessee's own unit, detected from its records only on audit, was treated as suppression when the default was not voluntarily disclosed to the department. Payment of short duty and interest after audit did not cure the original omission, and repeated undervaluation supported an inference of wilful suppression and intent to evade duty. On that basis, invocation of the extended limitation period and penalty under Central Excise law was upheld, and the challenge to the duty-related penalty failed. Case-Laws Central Excise Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350354