https://www.taxtmi.com/caselaws?id=343489 The Tribunal held that the Show Cause Notice issued three years after the disputed period was time-barred due to no suppression of fact or wilful misstatement. The liability of interest accrues automatically if goods are not returned within 180 days. The appellant's failure to honor this interest liability led to a remand for quantification. The Tribunal upheld interest liability for periods exceeding 180 days when Cenvat credit remained in the appellant's accounts, remanding the matter for determining interest liability. The impugned order was modified to reflect sustained interest liability, partially allowing the appeal. en-us Mon, 22 May 2017 00:00:00 +0530 Fri, 26 May 2017 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343489 The Tribunal held that the Show Cause Notice issued three years after the disputed period was time-barred due to no suppression of fact or wilful misstatement. The liability of interest accrues automatically if goods are not returned within 180 days. The appellant's failure to honor this interest liability led to a remand for quantification. The Tribunal upheld interest liability for periods exceeding 180 days when Cenvat credit remained in the appellant's accounts, remanding the matter for determining interest liability. The impugned order was modified to reflect sustained interest liability, partially allowing the appeal. Case-Laws Central Excise Mon, 22 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343489