https://www.taxtmi.com/caselaws?id=366718 The Court allowed the appeal, setting aside the impugned order and ruling in favor of the assessee. It emphasized the necessity of establishing fraud or willful misstatement with reasonable material to invoke the extended period of limitation. The Court found the allegation of clandestine removal without concrete evidence insufficient to support the extended period. Criticizing the Tribunal for lacking proper reasoning and factual findings, the Court highlighted the importance of clinching material to prove such allegations. en-us Thu, 23 Aug 2018 00:00:00 +0530 Wed, 13 Nov 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366718 The Court allowed the appeal, setting aside the impugned order and ruling in favor of the assessee. It emphasized the necessity of establishing fraud or willful misstatement with reasonable material to invoke the extended period of limitation. The Court found the allegation of clandestine removal without concrete evidence insufficient to support the extended period. Criticizing the Tribunal for lacking proper reasoning and factual findings, the Court highlighted the importance of clinching material to prove such allegations. Case-Laws Central Excise Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366718