https://www.taxtmi.com/article/detailed?id=1939 The extended limitation period for excise demands requires proof that non-levy or short-levy resulted from fraud, collusion, willful mis-statement or suppression of facts. Prior final adjudication and consistent return-filing under a bona fide interpretation can negate an inference of dishonest concealment. An ordinary citizen is not presumed to track judicial pronouncements immediately; hence a later superior-court judgment or departmental clarification does not automatically establish the mens rea necessary to invoke extended limitation. en-us Mon, 05 Nov 2012 18:53:09 +0530 Mon, 05 Nov 2012 18:53:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1939 The extended limitation period for excise demands requires proof that non-levy or short-levy resulted from fraud, collusion, willful mis-statement or suppression of facts. Prior final adjudication and consistent return-filing under a bona fide interpretation can negate an inference of dishonest concealment. An ordinary citizen is not presumed to track judicial pronouncements immediately; hence a later superior-court judgment or departmental clarification does not automatically establish the mens rea necessary to invoke extended limitation. Articles Central Excise Mon, 05 Nov 2012 18:53:09 +0530 https://www.taxtmi.com/article/detailed?id=1939