https://www.taxtmi.com/caselaws?id=53201 Parts and sub-assemblies cleared from the factory were held insufficient to qualify as a complete turbine in CKD/SKD condition for exemption, because the record showed that substantial bought-out items were added and the turbine came into existence only at the customer's site. The clearance documents described only parts and sub-assemblies, so the claimed exemption was not available. The non-disclosure of the true nature of clearance was treated as suppression and misdeclaration, making the extended limitation period applicable and supporting duty demand and penalty, with related factual verification and recomputation remanded for further examination. en-us Tue, 27 Jul 2004 00:00:00 +0530 Mon, 11 Oct 2010 15:38:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53201 Parts and sub-assemblies cleared from the factory were held insufficient to qualify as a complete turbine in CKD/SKD condition for exemption, because the record showed that substantial bought-out items were added and the turbine came into existence only at the customer's site. The clearance documents described only parts and sub-assemblies, so the claimed exemption was not available. The non-disclosure of the true nature of clearance was treated as suppression and misdeclaration, making the extended limitation period applicable and supporting duty demand and penalty, with related factual verification and recomputation remanded for further examination. Case-Laws Central Excise Tue, 27 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53201