https://www.taxtmi.com/caselaws?id=329955 Extended limitation cannot be invoked for valuation disputes in job-work manufacturing where the assessee values goods on the disclosed basis of customer-supplied scrap cost plus processing charges. The assessee's invoices showed the conversion from customer-supplied scrap and the valuation method adopted, and the record did not establish that it knew of any under-valuation by the supplier or of higher comparable values from another job worker. In the absence of express or implied suppression or misdeclaration, the demand could not be sustained beyond the normal period, and the notice was time-barred. en-us Mon, 09 May 2016 00:00:00 +0530 Wed, 21 Dec 2016 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329955 Extended limitation cannot be invoked for valuation disputes in job-work manufacturing where the assessee values goods on the disclosed basis of customer-supplied scrap cost plus processing charges. The assessee's invoices showed the conversion from customer-supplied scrap and the valuation method adopted, and the record did not establish that it knew of any under-valuation by the supplier or of higher comparable values from another job worker. In the absence of express or implied suppression or misdeclaration, the demand could not be sustained beyond the normal period, and the notice was time-barred. Case-Laws Central Excise Mon, 09 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329955