https://www.taxtmi.com/caselaws?id=109698 Bona fide classification belief prevented use of the extended limitation period where tie bars had been treated under a tariff advice and later placed in a tariff item covered by exemption. The Tribunal noted that Trade Notice No. 210/81 classified tie bars under Tariff Item 26AA(ia), and that the tariff was later restructured with tie bars falling under Tariff Item 25, which was exempted by Notification No. 208/83. On that footing, the assessee's belief that no licence or duty was payable during the relevant period was held bona fide, so the demand was barred by limitation and the appeal succeeded. en-us Tue, 05 Aug 1997 00:00:00 +0530 Wed, 11 Apr 2012 14:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109698 Bona fide classification belief prevented use of the extended limitation period where tie bars had been treated under a tariff advice and later placed in a tariff item covered by exemption. The Tribunal noted that Trade Notice No. 210/81 classified tie bars under Tariff Item 26AA(ia), and that the tariff was later restructured with tie bars falling under Tariff Item 25, which was exempted by Notification No. 208/83. On that footing, the assessee's belief that no licence or duty was payable during the relevant period was held bona fide, so the demand was barred by limitation and the appeal succeeded. Case-Laws Central Excise Tue, 05 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109698