https://www.taxtmi.com/caselaws?id=99096 The appellate tribunal ruled in favor of the appellants, finding that the confirmation of duty demand was not justified. They held that the demand was barred by limitation as the show cause notice was issued after the circulation of the annual financial accounts. The tribunal agreed with the appellants' explanations for discrepancies, stating that there was no evidence of clandestine activities. Consequently, the appeal was allowed, providing consequential relief to the appellants. en-us Wed, 26 Jul 2000 00:00:00 +0530 Wed, 25 Jan 2012 11:36:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99096 The appellate tribunal ruled in favor of the appellants, finding that the confirmation of duty demand was not justified. They held that the demand was barred by limitation as the show cause notice was issued after the circulation of the annual financial accounts. The tribunal agreed with the appellants' explanations for discrepancies, stating that there was no evidence of clandestine activities. Consequently, the appeal was allowed, providing consequential relief to the appellants. Case-Laws Central Excise Wed, 26 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99096