https://www.taxtmi.com/caselaws?id=73350 Differential excise duty on captive consumption of urea formaldehyde resin was held time-barred because the earlier approved assessable value remained operative until further orders and no provisional assessment or fresh assessment procedure had been invoked at the relevant stage. The Tribunal found that the demand was raised only later after finalisation of the price, and the attempt to invoke provisional assessment provisions was unjustified on the facts. As no action had been taken within the normal limitation period, recovery for the earlier period could not be sustained. The cited authority on provisional pricing was distinguished as fact-specific and not a general rule permitting recovery beyond limitation. en-us Thu, 26 Jun 1986 00:00:00 +0530 Tue, 31 May 2011 12:39:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73350 Differential excise duty on captive consumption of urea formaldehyde resin was held time-barred because the earlier approved assessable value remained operative until further orders and no provisional assessment or fresh assessment procedure had been invoked at the relevant stage. The Tribunal found that the demand was raised only later after finalisation of the price, and the attempt to invoke provisional assessment provisions was unjustified on the facts. As no action had been taken within the normal limitation period, recovery for the earlier period could not be sustained. The cited authority on provisional pricing was distinguished as fact-specific and not a general rule permitting recovery beyond limitation. Case-Laws Central Excise Thu, 26 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73350