https://www.taxtmi.com/caselaws?id=47169 Entitlement to Modvat credit does not, by itself, bar invocation of the extended period of limitation for suppression under the proviso to section 11A of the Central Excise Act, 1944. The availability of Modvat credit is only one relevant circumstance, and its significance depends on the facts of each case. A prior decision cannot be treated as laying down a general rule that Modvat credit automatically negatives suppression or excludes extended limitation. The Tribunal erred by considering only the existence of Modvat credit and not the other circumstances relevant to suppression and limitation, so its decision was set aside for fresh consideration. en-us Wed, 01 Sep 2004 00:00:00 +0530 Wed, 23 Apr 2014 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47169 Entitlement to Modvat credit does not, by itself, bar invocation of the extended period of limitation for suppression under the proviso to section 11A of the Central Excise Act, 1944. The availability of Modvat credit is only one relevant circumstance, and its significance depends on the facts of each case. A prior decision cannot be treated as laying down a general rule that Modvat credit automatically negatives suppression or excludes extended limitation. The Tribunal erred by considering only the existence of Modvat credit and not the other circumstances relevant to suppression and limitation, so its decision was set aside for fresh consideration. Case-Laws Central Excise Wed, 01 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47169