Petition dismissed; petitioner allowed to submit detailed disclosures and documents for re-consideration; notices for 2019-23 may be adjudicated on me...
Confiscation and duty recovery quashed where licensing records show export obligation discharged; customs lacks jurisdiction absent licence annulment ...
Page of 4828
Press 'Enter' after typing page number.
10161 to 10180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC dismissed the Revenue's appeal and upheld the CESTAT's finding that the assessee did not willfully suppress material facts to invoke the proviso to s.11A(1) of the Central Excise Act for an extended limitation period. The court concluded that both Revenue and the assessee had knowledge of the draw-warping activities, and the assessee's reliance on a notification did not amount to fraud, misrepresentation or willful concealment. Consequently, the show cause notice issued beyond the normal limitation was time-barred, and the CESTAT correctly set aside demands predicated on the extended period; substantial questions of law were answered for the assessee and against the Revenue.
The HC dismissed the Revenue's appeal and upheld the CESTAT's finding that the assessee did not willfully suppress material facts to invoke the proviso to s.11A(1) of the Central Excise Act for an extended limitation period. The court concluded that both Revenue and the assessee had knowledge of the draw-warping activities, and the assessee's reliance on a notification did not amount to fraud, misrepresentation or willful concealment. Consequently, the show cause notice issued beyond the normal limitation was time-barred, and the CESTAT correctly set aside demands predicated on the extended period; substantial questions of law were answered for the assessee and against the Revenue.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
