https://www.taxtmi.com/caselaws?id=395954 The Tribunal allowed the appeals, setting aside the impugned order and granting consequential relief to the appellant. It ruled that the appellant was entitled to the benefit of Exemption Notification No. 4/2007-CE, as the retail sale price was declared. The invocation of the extended period of limitation was deemed unjustified, making the demand time-barred. Consequently, penalties under Rule 25(1) and Section 11AC, as well as the personal penalty on the Chief Manager under Rule 26, were set aside. The Tribunal found the demand for duty, interest, and penalties unsustainable on both merits and limitation grounds. en-us Fri, 12 Jun 2020 00:00:00 +0530 Wed, 06 Nov 2024 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395954 The Tribunal allowed the appeals, setting aside the impugned order and granting consequential relief to the appellant. It ruled that the appellant was entitled to the benefit of Exemption Notification No. 4/2007-CE, as the retail sale price was declared. The invocation of the extended period of limitation was deemed unjustified, making the demand time-barred. Consequently, penalties under Rule 25(1) and Section 11AC, as well as the personal penalty on the Chief Manager under Rule 26, were set aside. The Tribunal found the demand for duty, interest, and penalties unsustainable on both merits and limitation grounds. Case-Laws Central Excise Fri, 12 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395954