https://www.taxtmi.com/caselaws?id=364841 The extended period of limitation could not be invoked where CENVAT credit on fuel used within the factory was under interpretational uncertainty and the assessee had disclosed the relevant facts in ER-1 returns. With no concealment of material particulars on record, the element of suppression was absent; a disputed legal position, even with divergent Supreme Court views and a pending Larger Bench reference, did not by itself justify extended limitation. The conclusion was that invocation of the extended period was unsustainable. en-us Fri, 20 Jul 2018 00:00:00 +0530 Mon, 06 Aug 2018 07:59:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364841 The extended period of limitation could not be invoked where CENVAT credit on fuel used within the factory was under interpretational uncertainty and the assessee had disclosed the relevant facts in ER-1 returns. With no concealment of material particulars on record, the element of suppression was absent; a disputed legal position, even with divergent Supreme Court views and a pending Larger Bench reference, did not by itself justify extended limitation. The conclusion was that invocation of the extended period was unsustainable. Case-Laws Central Excise Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364841