https://www.taxtmi.com/caselaws?id=328064 Extended limitation could not be invoked where the assessee had disclosed the purchase orders, contracts and pricing terms to the Department. The contracts showed composite prices inclusive of freight, insurance, packing and other levies, so the basis of valuation and the relevant contractual terms were already within departmental knowledge. On those facts, suppression of material facts was not established, and the demand could not survive on the extended period of limitation. en-us Tue, 01 Mar 2016 00:00:00 +0530 Wed, 25 May 2016 08:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328064 Extended limitation could not be invoked where the assessee had disclosed the purchase orders, contracts and pricing terms to the Department. The contracts showed composite prices inclusive of freight, insurance, packing and other levies, so the basis of valuation and the relevant contractual terms were already within departmental knowledge. On those facts, suppression of material facts was not established, and the demand could not survive on the extended period of limitation. Case-Laws Central Excise Tue, 01 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328064