https://www.taxtmi.com/caselaws?id=375926 Where goods were cleared on the basis of an exemption view earlier accepted in the assessee's own case and affirmed by the Supreme Court, subsequent reversal of that view did not establish suppression, fraud or mala fide. The extended period of limitation was therefore not available, and the demand survived only for the normal period. On the same bona fide premise, the ingredients for confiscation, redemption fine and penalty were absent, so those consequences were set aside. The matter was remanded only for re-quantification of the duty, if any, payable within limitation. en-us Thu, 17 Jan 2019 00:00:00 +0530 Thu, 28 Feb 2019 06:58:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375926 Where goods were cleared on the basis of an exemption view earlier accepted in the assessee's own case and affirmed by the Supreme Court, subsequent reversal of that view did not establish suppression, fraud or mala fide. The extended period of limitation was therefore not available, and the demand survived only for the normal period. On the same bona fide premise, the ingredients for confiscation, redemption fine and penalty were absent, so those consequences were set aside. The matter was remanded only for re-quantification of the duty, if any, payable within limitation. Case-Laws Central Excise Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375926