https://www.taxtmi.com/caselaws?id=256135 The extended limitation period under the proviso to Section 11-A of the Central Excise Act, 1944 was held unavailable where the assessee cleared plastic waste and scrap under a bona fide belief based on an earlier adjudication that the goods were not dutiable. In the absence of fraud, collusion, wilful misstatement or suppression of facts, the larger limitation period could not be invoked. As the demand itself failed on limitation, the consequential penalty also could not survive and was set aside. en-us Thu, 18 Dec 2014 00:00:00 +0530 Tue, 11 Aug 2015 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256135 The extended limitation period under the proviso to Section 11-A of the Central Excise Act, 1944 was held unavailable where the assessee cleared plastic waste and scrap under a bona fide belief based on an earlier adjudication that the goods were not dutiable. In the absence of fraud, collusion, wilful misstatement or suppression of facts, the larger limitation period could not be invoked. As the demand itself failed on limitation, the consequential penalty also could not survive and was set aside. Case-Laws Central Excise Thu, 18 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256135