https://www.taxtmi.com/caselaws?id=123244 Extended limitation could not be invoked where the department had been informed of the valuation basis and was aware of the relevant facts; the demand for clearances prior to November 2004 was therefore time-barred. On valuation, Rule 7 of the Customs Valuation Rules had to be examined first for goods cleared by the EOU, and recourse to Rule 7A was permissible only if valuation under Rule 7 was not feasible. Because the order did not explain why Rule 7 was inapplicable, the valuation question required fresh determination and the matter was remanded for reassessment under the proper rule. en-us Mon, 18 Feb 2008 00:00:00 +0530 Tue, 11 Sep 2012 10:08:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123244 Extended limitation could not be invoked where the department had been informed of the valuation basis and was aware of the relevant facts; the demand for clearances prior to November 2004 was therefore time-barred. On valuation, Rule 7 of the Customs Valuation Rules had to be examined first for goods cleared by the EOU, and recourse to Rule 7A was permissible only if valuation under Rule 7 was not feasible. Because the order did not explain why Rule 7 was inapplicable, the valuation question required fresh determination and the matter was remanded for reassessment under the proper rule. Case-Laws Customs Mon, 18 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123244