https://www.taxtmi.com/caselaws?id=53289 Suppression of material facts justified invocation of the extended limitation period where the assessee failed to disclose complete scrap-generation details, did not file the relevant returns or declaration, and maintained separate clearance invoices, so the demand was not time-barred. Metal waste and scrap arising from mechanical working of virgin metal was held dutiable and correctly classifiable under Chapter 72 on the basis of workshop machinery and the nature of the operations performed. Penalty remained sustainable in principle, but Section 11AC could not apply retrospectively to the earlier part of the period, so the combined penalty was reduced. en-us Wed, 22 Sep 2004 00:00:00 +0530 Tue, 12 Oct 2010 13:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53289 Suppression of material facts justified invocation of the extended limitation period where the assessee failed to disclose complete scrap-generation details, did not file the relevant returns or declaration, and maintained separate clearance invoices, so the demand was not time-barred. Metal waste and scrap arising from mechanical working of virgin metal was held dutiable and correctly classifiable under Chapter 72 on the basis of workshop machinery and the nature of the operations performed. Penalty remained sustainable in principle, but Section 11AC could not apply retrospectively to the earlier part of the period, so the combined penalty was reduced. Case-Laws Central Excise Wed, 22 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53289