2001 (8) TMI 664

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he Appellant. Shri J.M. George, JDR, for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. - This appeal is against the order of the Commissioner of Central Excise, Vadodara confirming duty demand of Rs. 53,06,590/- and imposing penalty of Rs. 5 lakhs upon the appellant who are manufacturers of various chemicals. The issue in dispute relates to price list filed by the assessee....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lists filed by the assessee both under Part II as well Part VI for the same goods had been approved and therefore question of suppression does not arise so as to apply extended period of limitation. It is the further contention that since Modvat credit could be availed by the sister concern, there can be no intention to evade payment of duty and hence the proviso to Section 11A is not applicable f....