https://www.taxtmi.com/caselaws?id=50802 Modvat credit reversal demand was held time-barred because the Department could not invoke the extended limitation period. The credit was taken on gate passes that already showed the manufacturer had availed set-off under Notification No. 432/86, and the relevant gate passes and RG-23A extracts had been furnished to the Department in the ordinary course. As the alleged lapse was detectable from records already on file, the notice reflected a delayed departmental scrutiny rather than suppression or concealment by the assessee. The extended period of limitation was therefore unavailable. en-us Wed, 08 Aug 2001 00:00:00 +0530 Wed, 08 Sep 2010 16:49:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50802 Modvat credit reversal demand was held time-barred because the Department could not invoke the extended limitation period. The credit was taken on gate passes that already showed the manufacturer had availed set-off under Notification No. 432/86, and the relevant gate passes and RG-23A extracts had been furnished to the Department in the ordinary course. As the alleged lapse was detectable from records already on file, the notice reflected a delayed departmental scrutiny rather than suppression or concealment by the assessee. The extended period of limitation was therefore unavailable. Case-Laws Central Excise Wed, 08 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50802