https://www.taxtmi.com/caselaws?id=361802 The Tribunal ruled in favor of the appellants, holding that the demand for valuation of Epichlorohydrin for duty-free imports was barred by limitation. The Tribunal emphasized the absence of malafide on the part of the appellants and the revenue-neutral nature of the issue, leading to the setting aside of the penalty. The extended period of limitation was deemed inapplicable to the Revenue, and the demand within the normal limitation period was directed to be quantified by the authorities below. The appeal was allowed based on these findings. en-us Mon, 12 Mar 2018 00:00:00 +0530 Fri, 15 Jun 2018 07:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361802 The Tribunal ruled in favor of the appellants, holding that the demand for valuation of Epichlorohydrin for duty-free imports was barred by limitation. The Tribunal emphasized the absence of malafide on the part of the appellants and the revenue-neutral nature of the issue, leading to the setting aside of the penalty. The extended period of limitation was deemed inapplicable to the Revenue, and the demand within the normal limitation period was directed to be quantified by the authorities below. The appeal was allowed based on these findings. Case-Laws Central Excise Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361802