https://www.taxtmi.com/caselaws?id=339503 The Tribunal upheld the invocation of the extended period of limitation for demand of duty, rejecting the appellant's argument based on precedents. Regarding the imposition of penalty on the new management for the old management's activities after a corporate acquisition, the Tribunal referred the matter to a Larger Bench for clarification on the issue, considering conflicting decisions on penalty imposition in such scenarios. en-us Tue, 06 Dec 2016 00:00:00 +0530 Sat, 25 Feb 2017 21:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339503 The Tribunal upheld the invocation of the extended period of limitation for demand of duty, rejecting the appellant's argument based on precedents. Regarding the imposition of penalty on the new management for the old management's activities after a corporate acquisition, the Tribunal referred the matter to a Larger Bench for clarification on the issue, considering conflicting decisions on penalty imposition in such scenarios. Case-Laws Central Excise Tue, 06 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339503