https://www.taxtmi.com/caselaws?id=46494 The extended period of limitation under the proviso to Section 11A(1) was held unavailable where the relevant movements of waste and scrap to job workers and the return of ingots were fully recorded in the books and supported by delivery challans. As the scrap arose in manufacture, was not sold, and the assessee claimed a bona fide belief of exemption and revenue neutrality through MODVAT credit, the material needed to show conscious or deliberate suppression, fraud, collusion or wilful misstatement was absent. Mere inaction or failure was insufficient, so the demand was confined to the normal six-month period. en-us Wed, 26 Feb 2003 00:00:00 +0530 Mon, 29 Sep 2025 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46494 The extended period of limitation under the proviso to Section 11A(1) was held unavailable where the relevant movements of waste and scrap to job workers and the return of ingots were fully recorded in the books and supported by delivery challans. As the scrap arose in manufacture, was not sold, and the assessee claimed a bona fide belief of exemption and revenue neutrality through MODVAT credit, the material needed to show conscious or deliberate suppression, fraud, collusion or wilful misstatement was absent. Mere inaction or failure was insufficient, so the demand was confined to the normal six-month period. Case-Laws Central Excise Wed, 26 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46494