https://www.taxtmi.com/caselaws?id=123902 The Tribunal allowed the appeals, setting aside the demands of duty and penalties on the grounds of limitation. It concluded that the appellants had properly recorded the Bills of Entry and there was no deliberate suppression of facts to evade duty. The Tribunal emphasized that specific allegations of fraud or suppression were necessary to invoke the extended period of limitation. Consequently, the appellants were entitled to Cenvat and Modvat credits on the Bills of Entry where duties were paid through the DEPB Scheme, providing consequential relief. en-us Fri, 14 Mar 2008 00:00:00 +0530 Thu, 14 Nov 2024 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123902 The Tribunal allowed the appeals, setting aside the demands of duty and penalties on the grounds of limitation. It concluded that the appellants had properly recorded the Bills of Entry and there was no deliberate suppression of facts to evade duty. The Tribunal emphasized that specific allegations of fraud or suppression were necessary to invoke the extended period of limitation. Consequently, the appellants were entitled to Cenvat and Modvat credits on the Bills of Entry where duties were paid through the DEPB Scheme, providing consequential relief. Case-Laws Central Excise Fri, 14 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123902