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    Central Excise Duty recovery involves interest and penalty from previous owner's excisable goods, not linked to property assets.
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Central Excise

Clandestine Removal - while examining the correctness of the...

Court Approves Extended Limitation for Clandestine Removal Case; Different Standards Applied Compared to Full Trial Courts.

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Central Excise December 19, 2022 Case Laws HC
Clandestine Removal - while examining the correctness of the order of adjudication, the tribunal or the court should not apply the yardstick which a court would apply to a subordinate court which has arrived at a conclusion after a full-fledged trial. The facts of the case clearly shows that sufficient material was available with the adjudicating authority which came to the notice of the authority much later upon such operations being conducted and therefore the invocation of the extended period of limitation for initiating proceedings was fully justified. - HC

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Acts Income Tax