https://www.taxtmi.com/caselaws?id=800357 Revenue neutrality may defeat an excise-duty demand alleging undervaluation where goods cleared to a sister unit are used as raw materials and the recipient takes full CENVAT credit of the duty paid. As valuation differences cause no net revenue loss in those circumstances, the demand lacks merit. The extended limitation period is also unavailable when clearance and valuation particulars have been disclosed in regularly filed ER-1 returns, because that disclosure negates suppression of facts. en-us Wed, 10 Jun 2026 00:00:00 +0530 Tue, 06 Oct 2026 08:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800357 Revenue neutrality may defeat an excise-duty demand alleging undervaluation where goods cleared to a sister unit are used as raw materials and the recipient takes full CENVAT credit of the duty paid. As valuation differences cause no net revenue loss in those circumstances, the demand lacks merit. The extended limitation period is also unavailable when clearance and valuation particulars have been disclosed in regularly filed ER-1 returns, because that disclosure negates suppression of facts. Case-Laws Central Excise Wed, 10 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800357