https://www.taxtmi.com/caselaws?id=342237 The Tribunal ruled in favor of the assessee, holding that the extended period of limitation could not be invoked as there was no suppression of facts or intent to evade duty. The test reports were deemed unreliable due to procedural deficiencies, and the classification of goods as Red Lead Oxide based on trade parlance was incorrect. As a result, the demands for duty and interest against the assessee were set aside, and the penalty imposed was also revoked. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. en-us Fri, 07 Apr 2017 00:00:00 +0530 Mon, 12 Feb 2018 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342237 The Tribunal ruled in favor of the assessee, holding that the extended period of limitation could not be invoked as there was no suppression of facts or intent to evade duty. The test reports were deemed unreliable due to procedural deficiencies, and the classification of goods as Red Lead Oxide based on trade parlance was incorrect. As a result, the demands for duty and interest against the assessee were set aside, and the penalty imposed was also revoked. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. Case-Laws Central Excise Fri, 07 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342237