https://www.taxtmi.com/caselaws?id=186577 The Tribunal ruled in favor of the Revenue, stating that the sales tax concession retained by the respondent should be added to the assessable value of goods sold, making them liable to pay duty on that amount. The Tribunal also held that the extended period of limitation could not be invoked for demanding duty and imposing penalties, setting aside the demands related to the extended period and deeming penalties not imposable. The case was remanded to the adjudicating authority for quantifying the demand within the limitation period, which the respondent was required to pay within 30 days along with interest. en-us Wed, 19 Aug 2015 00:00:00 +0530 Fri, 23 Sep 2016 11:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186577 The Tribunal ruled in favor of the Revenue, stating that the sales tax concession retained by the respondent should be added to the assessable value of goods sold, making them liable to pay duty on that amount. The Tribunal also held that the extended period of limitation could not be invoked for demanding duty and imposing penalties, setting aside the demands related to the extended period and deeming penalties not imposable. The case was remanded to the adjudicating authority for quantifying the demand within the limitation period, which the respondent was required to pay within 30 days along with interest. Case-Laws Central Excise Wed, 19 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186577