https://www.taxtmi.com/caselaws?id=124708 A bona fide classification dispute does not support penalty or confiscation where the Revenue cannot invoke the extended period of limitation. The appellant had disclosed the products and manufacturing process, claimed classification under Chapter Heading 25.05, and relied on exemption under Notification No. 70/95-C.E., so the dispute was treated as genuine and the statutory basis for penalty under Rule 173Q was not attracted. On the same footing, confiscation of the goods and of the land, building, plant and machinery was held unsustainable. The penalty and confiscation portions were set aside, while the duty demand, not contested, remained undisturbed. en-us Tue, 12 Feb 2008 00:00:00 +0530 Thu, 04 Oct 2012 14:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124708 A bona fide classification dispute does not support penalty or confiscation where the Revenue cannot invoke the extended period of limitation. The appellant had disclosed the products and manufacturing process, claimed classification under Chapter Heading 25.05, and relied on exemption under Notification No. 70/95-C.E., so the dispute was treated as genuine and the statutory basis for penalty under Rule 173Q was not attracted. On the same footing, confiscation of the goods and of the land, building, plant and machinery was held unsustainable. The penalty and confiscation portions were set aside, while the duty demand, not contested, remained undisturbed. Case-Laws Central Excise Tue, 12 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124708