https://www.taxtmi.com/caselaws?id=326611 The extended period of limitation cannot be invoked unless the record shows suppression of facts with intent to evade duty. Goods were cleared to a sister concern on payment of duty under a valuation method later examined on remand, and the demand was substantially reduced after application of the costing principle. As a prior decision in the same assessee's similar dispute had already found no intent to evade duty, and no material established deliberate suppression, the allegation of suppression failed. The finding of suppression with intent to evade duty was therefore unsustainable, and the extended limitation period was not invocable. en-us Thu, 31 Mar 2016 00:00:00 +0530 Wed, 20 Apr 2016 09:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326611 The extended period of limitation cannot be invoked unless the record shows suppression of facts with intent to evade duty. Goods were cleared to a sister concern on payment of duty under a valuation method later examined on remand, and the demand was substantially reduced after application of the costing principle. As a prior decision in the same assessee's similar dispute had already found no intent to evade duty, and no material established deliberate suppression, the allegation of suppression failed. The finding of suppression with intent to evade duty was therefore unsustainable, and the extended limitation period was not invocable. Case-Laws Central Excise Thu, 31 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326611