Unexplained retraction of statement after considerable period is an afterthought reasoning and inval

Excise & Customs : Where statement was made on 30-11-2004/1-12-2004 and said statement was not retracted even after assessee had been released on bail on 4-12-2014 until 17-12-2005 and period after release was unexplained, such retraction was invalid being an after-thought