https://www.taxtmi.com/caselaws?id=247676 The Tribunal dismissed the appeal as the appellant's honest belief that certain items were capital goods eligible for Modvat credit, supported by previous decisions, led to the quashing of the demand beyond the normal limitation period. The Tribunal upheld the demand within the limitation period, emphasizing the appellant's good faith and lack of intent to evade duty. The decision highlighted the importance of the appellant's genuine belief and lack of fraudulent intent in determining the outcome of the case. en-us Mon, 23 Jul 2012 00:00:00 +0530 Mon, 19 May 2014 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247676 The Tribunal dismissed the appeal as the appellant's honest belief that certain items were capital goods eligible for Modvat credit, supported by previous decisions, led to the quashing of the demand beyond the normal limitation period. The Tribunal upheld the demand within the limitation period, emphasizing the appellant's good faith and lack of intent to evade duty. The decision highlighted the importance of the appellant's genuine belief and lack of fraudulent intent in determining the outcome of the case. Case-Laws Central Excise Mon, 23 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247676