https://www.taxtmi.com/caselaws?id=398524 The Tribunal confirmed that the steel tanks fabricated by the assessee are considered "goods" under the Central Excise Act and are liable for Central Excise duty. The extended period of limitation was not validly invoked due to the lack of specific allegations in the show-cause notices. The assessees were entitled to cum-duty price and CENVAT credit. Penalties under Section 11AC were set aside. The appeals were disposed of with demands for the normal period confirmed, demands for the extended period set aside, CENVAT credit allowed, prices received considered as cum-duty prices, and all penalties annulled. en-us Tue, 28 Jul 2020 00:00:00 +0530 Fri, 18 Sep 2020 16:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398524 The Tribunal confirmed that the steel tanks fabricated by the assessee are considered "goods" under the Central Excise Act and are liable for Central Excise duty. The extended period of limitation was not validly invoked due to the lack of specific allegations in the show-cause notices. The assessees were entitled to cum-duty price and CENVAT credit. Penalties under Section 11AC were set aside. The appeals were disposed of with demands for the normal period confirmed, demands for the extended period set aside, CENVAT credit allowed, prices received considered as cum-duty prices, and all penalties annulled. Case-Laws Central Excise Tue, 28 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398524