https://www.taxtmi.com/caselaws?id=125320 A reasonable bona fide belief, supported by a favourable Tribunal view on the tax treatment of free supplied items treated as quantity discount, barred invocation of the extended period of limitation. On that basis, the penalty also could not be sustained. The duty demand was therefore required to be examined only within the normal period, and the matter was remanded for re-quantification of duty within limitation. en-us Mon, 15 Dec 2008 00:00:00 +0530 Thu, 03 Aug 2017 09:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125320 A reasonable bona fide belief, supported by a favourable Tribunal view on the tax treatment of free supplied items treated as quantity discount, barred invocation of the extended period of limitation. On that basis, the penalty also could not be sustained. The duty demand was therefore required to be examined only within the normal period, and the matter was remanded for re-quantification of duty within limitation. Case-Laws Central Excise Mon, 15 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125320