https://www.taxtmi.com/caselaws?id=44266 Excise authorities may examine production figures, clearance quantities, RT-12 returns, cost audit reports, and alleged discrepancies to verify correct duty liability and possible clandestine removals under Section 4 and Section 11A of the Central Excises and Salt Act, 1944. They may not, however, probe cost of production or related expenditure, because such matters do not form part of assessable value under Section 4. Where a notice alleges fraud, wilful mis-statement, suppression of facts, or intent to evade duty, the extended limitation under Section 11A may apply, so the notice is not automatically time-barred. en-us Wed, 10 Jan 1996 00:00:00 +0530 Fri, 25 Jun 2010 11:31:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44266 Excise authorities may examine production figures, clearance quantities, RT-12 returns, cost audit reports, and alleged discrepancies to verify correct duty liability and possible clandestine removals under Section 4 and Section 11A of the Central Excises and Salt Act, 1944. They may not, however, probe cost of production or related expenditure, because such matters do not form part of assessable value under Section 4. Where a notice alleges fraud, wilful mis-statement, suppression of facts, or intent to evade duty, the extended limitation under Section 11A may apply, so the notice is not automatically time-barred. Case-Laws Central Excise Wed, 10 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44266