https://www.taxtmi.com/caselaws?id=250583 Provisional assessments cannot justify invocation of the extended period of limitation where the relevant facts were already within the Revenue's knowledge. Here, the assessable value depended on raw material costs supplied by the job-worker principal, so the appellant's assessments were kept provisional and later finalised after verification of the facts and cost accountant's certificates. Once those finalised assessments attained finality and were not challenged by the Revenue, an allegation of misrepresentation could not sustain the longer limitation period. The demand was therefore barred by limitation. en-us Tue, 01 Apr 2014 00:00:00 +0530 Tue, 25 Nov 2014 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250583 Provisional assessments cannot justify invocation of the extended period of limitation where the relevant facts were already within the Revenue's knowledge. Here, the assessable value depended on raw material costs supplied by the job-worker principal, so the appellant's assessments were kept provisional and later finalised after verification of the facts and cost accountant's certificates. Once those finalised assessments attained finality and were not challenged by the Revenue, an allegation of misrepresentation could not sustain the longer limitation period. The demand was therefore barred by limitation. Case-Laws Central Excise Tue, 01 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250583