https://www.taxtmi.com/caselaws?id=354580 Steel items such as channels, sheets and angles used in construction-related activity at the assessee's premises were treated as eligible inputs for credit, following binding precedent and the department's own allegation of such use in the show-cause notice; credit was therefore allowed on the disputed items. The demand was also largely time-barred because it related to an earlier period, the notice did not allege suppression or misstatement with intent to evade duty, and the credit had been reflected in statutory records, so the extended limitation period could not be invoked. Only the unchallenged transformer oil credit remained confirmed. en-us Thu, 26 Oct 2017 00:00:00 +0530 Thu, 01 Feb 2018 06:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354580 Steel items such as channels, sheets and angles used in construction-related activity at the assessee's premises were treated as eligible inputs for credit, following binding precedent and the department's own allegation of such use in the show-cause notice; credit was therefore allowed on the disputed items. The demand was also largely time-barred because it related to an earlier period, the notice did not allege suppression or misstatement with intent to evade duty, and the credit had been reflected in statutory records, so the extended limitation period could not be invoked. Only the unchallenged transformer oil credit remained confirmed. Case-Laws Central Excise Thu, 26 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354580