Invocation of longer period without specifying suppression of facts is unsustainable

Mak Engineering Industries Limited Vs Commissioner of Central Excise (CESTAT Kolkata) Held that longer period of limitation cannot be invoked on the ground that no specific instance of suppression of facts was proved against the assessee. Facts- A common show cause notice dated 04.07.2001 had been issued to both Mak Engineering and its job worker, ASRM. The first appellant i.e. Mak Engineering was required to show cause as to why Modvat Credit totaling to Rs.15,73,482/- should not be disallowed, interest should not be charged and penalty should not be imposed. The show cause notice alleged, in...