https://www.taxtmi.com/caselaws?id=383084 The tribunal set aside the demand for alleged short payment of Central Excise duty on the removal of used capital goods as waste and scrap, amounting to Rs. 94,71,347/- for the period from 01/04/2012 to 26/09/2013. The tribunal ruled in favor of the appellant, determining that the goods in question were inputs, not capital goods, and that the amended Rule 3(5A) should be applied retrospectively. Additionally, the tribunal held that the extended period of limitation for raising the demand was not applicable due to lack of suppression or misrepresentation by the appellant. The appeal was allowed with consequential benefits. en-us Tue, 05 Mar 2019 00:00:00 +0530 Wed, 17 Jul 2019 09:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383084 The tribunal set aside the demand for alleged short payment of Central Excise duty on the removal of used capital goods as waste and scrap, amounting to Rs. 94,71,347/- for the period from 01/04/2012 to 26/09/2013. The tribunal ruled in favor of the appellant, determining that the goods in question were inputs, not capital goods, and that the amended Rule 3(5A) should be applied retrospectively. Additionally, the tribunal held that the extended period of limitation for raising the demand was not applicable due to lack of suppression or misrepresentation by the appellant. The appeal was allowed with consequential benefits. Case-Laws Central Excise Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383084