https://www.taxtmi.com/caselaws?id=398383 The Tribunal allowed the appeal, setting aside the impugned order, and upheld the classification of RBD Palm Stearin under CTH 3823. It ruled that the demands were time-barred, as there was no evidence of fraud or deliberate misstatement by the appellant. The penalties and interest were deemed unjustified, and the exemption notification was found inapplicable. The decision was influenced by the Hon'ble Apex Court's judgment and the absence of grounds for invoking the extended period of limitation. en-us Fri, 06 Mar 2020 00:00:00 +0530 Fri, 08 Nov 2024 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398383 The Tribunal allowed the appeal, setting aside the impugned order, and upheld the classification of RBD Palm Stearin under CTH 3823. It ruled that the demands were time-barred, as there was no evidence of fraud or deliberate misstatement by the appellant. The penalties and interest were deemed unjustified, and the exemption notification was found inapplicable. The decision was influenced by the Hon'ble Apex Court's judgment and the absence of grounds for invoking the extended period of limitation. Case-Laws Central Excise Fri, 06 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398383