https://www.taxtmi.com/caselaws?id=329115 The Tribunal ruled in favor of the assessee, setting aside the disallowance of credit on MS items due to a time-barred show-cause notice. The Tribunal emphasized the necessity of proving deliberate intent to evade duty payment for invoking the extended period and highlighted the burden of proving mala fide intentions. The decision aligned with legal principles, emphasizing the stringent criteria for invoking the extended period and the importance of valid reasons for delayed inquiries. The Tribunal dismissed the Revenue's appeal challenging the penalty reduction, ultimately favoring the assessee in the case. en-us Mon, 29 Feb 2016 00:00:00 +0530 Fri, 17 Jun 2016 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329115 The Tribunal ruled in favor of the assessee, setting aside the disallowance of credit on MS items due to a time-barred show-cause notice. The Tribunal emphasized the necessity of proving deliberate intent to evade duty payment for invoking the extended period and highlighted the burden of proving mala fide intentions. The decision aligned with legal principles, emphasizing the stringent criteria for invoking the extended period and the importance of valid reasons for delayed inquiries. The Tribunal dismissed the Revenue's appeal challenging the penalty reduction, ultimately favoring the assessee in the case. Case-Laws Central Excise Mon, 29 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329115