https://www.taxtmi.com/caselaws?id=83980 Special excise duty was treated as part of the excise burden relevant to computing the discount from maximum retail price under the price-list valuation notification, and the point was considered arguable in favour of the assessee for interim relief. The demand was treated as time-barred because the price lists disclosed the valuation basis and the record did not support suppression or wilful misstatement; the extended period was therefore not available. On that footing, stay and waiver of recovery were granted as the merits were arguable and limitation favoured the assessee. en-us Tue, 10 Jan 1995 00:00:00 +0530 Tue, 19 Jul 2011 11:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83980 Special excise duty was treated as part of the excise burden relevant to computing the discount from maximum retail price under the price-list valuation notification, and the point was considered arguable in favour of the assessee for interim relief. The demand was treated as time-barred because the price lists disclosed the valuation basis and the record did not support suppression or wilful misstatement; the extended period was therefore not available. On that footing, stay and waiver of recovery were granted as the merits were arguable and limitation favoured the assessee. Case-Laws Central Excise Tue, 10 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83980