Extended period of limitation - related party transaction - in two audits conducted earlier audit party did not raise any objections with regard to valuation and clearances made to the sister concern - no evidence of suppression of facts with intent to evade payment of duty - extended period of limitation not applicable
Extended period of limitation - related party transaction - in two audits conducted earlier audit party did not raise any objections with regard to valuation and clearances made to the sister concern - no evidence of suppression of facts with intent to evade payment of duty - extended period of limitation not applicable
Note: It is a system-generated summary and is for quick reference only.