https://www.taxtmi.com/caselaws?id=46280 Extended limitation and penalty were held unsustainable where the record showed no suppression, fraud, collusion, misstatement, or intention to evade duty, and the manufacturing activity involved only a change in the form of woollen yarn without any requirement of intimation under the then prevailing rules. The Tribunal also noted that the relevant demand period preceded the introduction of Section 11AC of the Central Excise Act, 1944, so penalty under that provision could not be imposed for that period. The petition was dismissed. en-us Tue, 07 May 2002 00:00:00 +0530 Sat, 17 Jul 2010 09:46:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46280 Extended limitation and penalty were held unsustainable where the record showed no suppression, fraud, collusion, misstatement, or intention to evade duty, and the manufacturing activity involved only a change in the form of woollen yarn without any requirement of intimation under the then prevailing rules. The Tribunal also noted that the relevant demand period preceded the introduction of Section 11AC of the Central Excise Act, 1944, so penalty under that provision could not be imposed for that period. The petition was dismissed. Case-Laws Central Excise Tue, 07 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46280