https://www.taxtmi.com/caselaws?id=116515 Declared values accepted in the ordinary course under Notification No. 27/92-CE (N.T.) did not justify invocation of the extended limitation period because the record did not establish suppression, collusion, special relationship, or flow back. On that basis, the duty demand based on valuation of processed grey fabrics failed, and the consequential confiscation also fell. With no sustainable demand and no proof of knowing participation in evasion, penalties under Rule 173Q, Rule 209A, and Section 11AC were held unwarranted. en-us Fri, 26 Aug 2005 00:00:00 +0530 Thu, 18 Apr 2024 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116515 Declared values accepted in the ordinary course under Notification No. 27/92-CE (N.T.) did not justify invocation of the extended limitation period because the record did not establish suppression, collusion, special relationship, or flow back. On that basis, the duty demand based on valuation of processed grey fabrics failed, and the consequential confiscation also fell. With no sustainable demand and no proof of knowing participation in evasion, penalties under Rule 173Q, Rule 209A, and Section 11AC were held unwarranted. Case-Laws Central Excise Fri, 26 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116515