https://www.taxtmi.com/caselaws?id=335697 The Tribunal ruled in favor of the appellant, holding that the extended period of limitation was not applicable to the Revenue due to the waiver of penalty under Section 80 of the Finance Act, 1994. The appellant's status as a public sector undertaking influenced the decision regarding allegations of wilful misstatement or suppression of facts. However, a portion of the demand was deemed valid within the limited period, requiring re-quantification by the adjudicating authority. en-us Mon, 24 Oct 2016 00:00:00 +0530 Fri, 01 Sep 2017 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335697 The Tribunal ruled in favor of the appellant, holding that the extended period of limitation was not applicable to the Revenue due to the waiver of penalty under Section 80 of the Finance Act, 1994. The appellant's status as a public sector undertaking influenced the decision regarding allegations of wilful misstatement or suppression of facts. However, a portion of the demand was deemed valid within the limited period, requiring re-quantification by the adjudicating authority. Case-Laws Service Tax Mon, 24 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335697