https://www.taxtmi.com/caselaws?id=360881 A demand for central excise duty, confiscation of goods and penalty based on seized GRs and allegations of clandestine removal requires reliable corroborative evidence; where affidavits and bank records supported disclosed transactions and no meaningful enquiry was made from consignees, such action is not sustainable. The note also states that the extended period of limitation can be invoked only when the statutory ingredients are established; where the dispute was old and RT-12 returns had been finalized, the longer period was unjustified and the demand was time-barred. en-us Wed, 01 Nov 2017 00:00:00 +0530 Tue, 22 May 2018 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360881 A demand for central excise duty, confiscation of goods and penalty based on seized GRs and allegations of clandestine removal requires reliable corroborative evidence; where affidavits and bank records supported disclosed transactions and no meaningful enquiry was made from consignees, such action is not sustainable. The note also states that the extended period of limitation can be invoked only when the statutory ingredients are established; where the dispute was old and RT-12 returns had been finalized, the longer period was unjustified and the demand was time-barred. Case-Laws Central Excise Wed, 01 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360881