https://www.taxtmi.com/caselaws?id=331772 Penalty on the co-noticee was not sustained where it fell below the litigation policy threshold and the Revenue had already withdrawn its challenge in the case of another similarly placed noticee. The extended period of limitation was unavailable because the record did not establish any specific and proved suppression, fraud, misdeclaration or collusion attributable to the assessee; the demand and denial of credit were therefore time-barred and set aside. en-us Fri, 29 Jul 2016 00:00:00 +0530 Thu, 01 Sep 2016 16:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331772 Penalty on the co-noticee was not sustained where it fell below the litigation policy threshold and the Revenue had already withdrawn its challenge in the case of another similarly placed noticee. The extended period of limitation was unavailable because the record did not establish any specific and proved suppression, fraud, misdeclaration or collusion attributable to the assessee; the demand and denial of credit were therefore time-barred and set aside. Case-Laws Central Excise Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331772