https://www.taxtmi.com/caselaws?id=51375 Where the assessee's declarations disclosed the manufacture, captive consumption and exemption claim, and the department was aware of that position, the extended period for suppression or intent to evade could not be invoked. The Tribunal also treated the availability of Modvat credit on the intermediate product as supporting revenue neutrality, which negatived an allegation of deliberate evasion. On that basis, the duty demand was time-barred and the consequential penalties on the company and its officers and employees could not survive. en-us Tue, 23 Jul 2002 00:00:00 +0530 Fri, 24 Sep 2010 13:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51375 Where the assessee's declarations disclosed the manufacture, captive consumption and exemption claim, and the department was aware of that position, the extended period for suppression or intent to evade could not be invoked. The Tribunal also treated the availability of Modvat credit on the intermediate product as supporting revenue neutrality, which negatived an allegation of deliberate evasion. On that basis, the duty demand was time-barred and the consequential penalties on the company and its officers and employees could not survive. Case-Laws Central Excise Tue, 23 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51375