https://www.taxtmi.com/caselaws?id=254743 Extended limitation for recovery of wrongly availed credit under Rule 57-I applies only where the credit was taken by wilful misstatement, collusion or suppression of facts with intent to evade duty. The same interpretative standard applied to the proviso to Section 11A was treated as governing Rule 57-I, so mere suppression without deliberate evasion is insufficient. On the facts, the credit was otherwise admissible and the lapse was procedural, with no evidence of intentional wrongful availment. The extended period was therefore not available and the demand was time barred. en-us Wed, 12 Nov 2014 00:00:00 +0530 Thu, 18 Jun 2015 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254743 Extended limitation for recovery of wrongly availed credit under Rule 57-I applies only where the credit was taken by wilful misstatement, collusion or suppression of facts with intent to evade duty. The same interpretative standard applied to the proviso to Section 11A was treated as governing Rule 57-I, so mere suppression without deliberate evasion is insufficient. On the facts, the credit was otherwise admissible and the lapse was procedural, with no evidence of intentional wrongful availment. The extended period was therefore not available and the demand was time barred. Case-Laws Central Excise Wed, 12 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254743