https://www.taxtmi.com/caselaws?id=85529 A bona fide belief shared by the assessee and the department, supported by contemporaneous correspondence and Board assurances, prevented invocation of the extended limitation period under the Central Excise framework. In the absence of deliberate suppression or intent to evade duty, the demands were held time-barred. The same lack of culpable intent also defeated the prerequisite for penalty under Rule 173Q, so penalty was not justified and was set aside. en-us Tue, 16 Jul 1996 00:00:00 +0530 Fri, 05 Aug 2011 16:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85529 A bona fide belief shared by the assessee and the department, supported by contemporaneous correspondence and Board assurances, prevented invocation of the extended limitation period under the Central Excise framework. In the absence of deliberate suppression or intent to evade duty, the demands were held time-barred. The same lack of culpable intent also defeated the prerequisite for penalty under Rule 173Q, so penalty was not justified and was set aside. Case-Laws Central Excise Tue, 16 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85529